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According to the latest data from the U.S. Bureau of Economic Analysis (BEA), the total stock of all foreign direct investment (FDI) in the United States increased by USD 227 billion to just under USD 5.4 trillion in 2023. This figure was largely driven by a USD 96 billion increase from Canada, USD 86 billion…

The key takeaways from this study are as follows: 1. Impact of Perception on Foreign Investment Attitudes: The study finds that individual perceptions of FDI at the state level play…

The Donald Trump administration is pursuing a flurry of activities designed to convey the impression that a wave of trade deals is underway. The announcement of an agreement framework with the United Kingdom was followed by talks between Secretary of the Treasury Scott Bessent and Chinese counterparts. The United States and China agreed to a…

On April 22, Secretary of State Marco Rubio unveiled an organization chart and released an official statement that journalists described as a “sweeping plan” to restructure the Department of State. Reflecting the hyperbolic rhetoric of the second Donald Trump administration, the statement said, “In its current form, the department is bloated, bureaucratic and unable to…

The Korea Economic Institute of America (KEI) recently led a delegation to Las Vegas, Nevada, to gain a firsthand look at the city’s role within the U.S.-South Korea relationship and its influential network of Korean American community and business leaders. Across a range of sectors, from advanced manufacturing and clean technologies to creative industries and…

South Korea’s launch of a synthetic aperture radar (SAR) military satellite on April 22 from Florida’s Cape Canaveral Space Force Station as part of a network capable of monitoring North…

The strange scene of U.S. President Donald Trump huddled knee to knee with Ukrainian President Volodymyr Zelenskyy in the anteroom of Pope Francis’ funeral has prompted hopes that a so-far-elusive peace deal in the war between Russia and Ukraine is within reach. Whether that comes to pass remains to be seen. But one product of…

President Donald Trump said on February 18 that he intended to raise automobile tariffs on all U.S.  automobile imports. He followed through with this plan on March 26, announcing a 25 percent automobile tariff that took effect on April 2, making engines, transmissions, powertrain parts, and electrical components, as well as fully assembled cars, all…