Future of Korea: Building Connections in the Heart of Michigan
With so much interest in Korea within the United States, there is great potential for South Korea’s public diplomacy to deepen these people-to-people ties.
With so much interest in Korea within the United States, there is great potential for South Korea’s public diplomacy to deepen these people-to-people ties.
Philadelphia and the state of Pennsylvania can play an outsized role in strengthening people-to-people and business-to-business ties that underpin the U.S.-South Korea alliance.
A major subject for continued U.S.-Korea negotiations has been the structure of the USD 350 billion investment fund.
Service-sector collaboration between Korea and the United States can power global growth.
The North Korean economy grew 3.7 percent in 2024, its fastest pace since 2016, according to estimates by South Korea’s central bank.
Despite the positive direction of their first in-person meeting, Presidents Trump and Lee still appear to have a lot to finalize on trade.
The U.S. and South Korean economies rebounded faster than expected in the second quarter this year, and the outlook for the remainder of 2025 is cautiously optimistic.
Reaching such a deal before August 1 allows Korea to compete with trading partners such as the European Union and Japan on a level playing field.
Agreements shed some light on what a realistic deal with South Korea may look like, but also what South Korea may have to contend with.
The U.S. and South Korean governments appear committed to following other countries like the United Kingdom, Indonesia, and Japan in making a deal.