; Whereas the People's Republic of China has engaged in an unprecedented campaign of economic pressure on the Republic of Korea in retaliation for the decision by the United States-Republic of Korea alliance to deploy THAAD, with the goal of undermining the United States-Republic of Korea alliance and causing significant damage to the South Korean economy and South Korean people; Whereas the Government and people of the United States and of the Republic of Korea share a deep commitment to addressing the continued suffering of the people of the Democratic People's Republic of Korea due to the appalling human rights abuses and repression of the regime in Pyongyang; Whereas, on March 15, 2012, the United States-Republic of Korea Free Trade Agreement entered into force, which both countries have committed to fully implement; Whereas the Republic of Korea is the United States sixth-largest trade partner, with United States goods and exports to Korea reaching a level of $63,800,000,000 in 2016; Whereas United States foreign direct investment (referred to in this preamble as FDI ) in Korea (in stock) was $34,600,000,000 in 2015, a 3.3 percent increase from 2014 and Korea’s FDI in the United States (in stock) was $40,100,000,000 in 2015, up 0.5 percent from 2014; Whereas, the Republic of Korea spends 2.6 percent of its gross domestic product (referred to in this preamble as GDP ) on defense and carries a significant portion of United States operating costs for forces in South Korea; Whereas President Moon Jae-in has expressed his desire to increase this spending to 3 percent of GDP during his tenure; Whereas the United States, the Republic of Korea, and the Government of Japan have made great strides in promoting trilateral cooperation and defense partnership, including ministerial meetings, information sharing, and cooperation on ballistic missile defense exercises to counter North Korean provocations