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Economics

Displaying all content tagged with the category Economics.
133 Posts located

This article was published on The Korea Times on August 16, 2023. For much of the past year there has been a focus on how the CHIPS and Science Act…

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August 16, 2023

This article was published in The Korea Times on June 14, 2023. The decision by the Cyberspace Administration of China to ban Micron Technology’s semiconductors in Chinese infrastructure has put…

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June 14, 2023

Amid all the talk of tariffs and investments in the United States, numerous reports and analyses have pointed to the benefits of deep socioeconomic linkages between the United States and South Korea. As President Donald Trump noted as early as 2019, “Hyundai, Samsung, CJ, Doosan, and SK Group… have created more than 50,000 brand new…

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May 22, 2025

On May 8, President Donald Trump announced the first bilateral trade deal since unveiling the so-called “Liberation Day” tariffs on April 2. The agreement with the United Kingdom, labeled as an “Economic Prosperity Deal” rather than a free trade agreement (FTA), portends what future trade deals may look like, particularly for close allies and trading…

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May 16, 2025

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…

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May 13, 2025

The U.S.-South Korea relationship has long been defined by a shared commitment to upholding security. But in recent years, it has evolved into something even more powerful: a comprehensive partnership rooted in economic strength, technological innovation, and cultural exchange. During the Joe Biden administration, the U.S. Department of Commerce saw firsthand the remarkable expansion of…

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April 23, 2025