Why Shipbuilding is a Silver Lining amid the U.S. Tariff Turmoil
For South Korea, U.S. partnership presents an opportunity for its shipbuilding sector to maintain competitiveness while reducing dependence on China
Worrying Trends for the South Korean Won
Short-term fears of economic volatility can make people lose confidence in a currency and refuse to hold it, no matter how cheap it gets.
Reciprocal Tariffs and the Trouble with Old Trade Rules
The U.S. position that national security is non-justiciable is fundamentally at odds with the WTO’s insistence on legal discipline.
Transnational Subsidies: Navigating a New Trade Terrain
Once dismissed as an abstract nuisance, transnational subsidies have now become a central concern for countries.
The Road Ahead for Trump’s Auto Tariffs
The proposed tariff on cars is likely to severely affect U.S.-South Korea economic relations, as well as the U.S. economy itself.
Steel Tariffs Undercut US Strategic Competition in EVs and AI Infrastructure
The second-term trade actions impacting Korea and other countries will deeply affect the US ability to compete in steel-intensive industries.
What Happened: Q4 2024
During a time of political change in both the United States and South Korea, new investments, partnerships, and diplomatic dialogues continued to strengthen the economic and technological partnership between the two nations.
US and South Korean Economic Growth Diverge in Q3 2024
South Korea eked out a disappointing 0.1 percent gain from Q2. In contrast, the US showed a 2.8 percent growth, down slightly from 3 percent.
Economic Issues for Korea in the Next US Administration
With a host of pending initiatives, here are some of the top economic issues for the US-Korea relationship in the next US administration.
Lessons from the IMF Annual Meeting for South Korea
There were four main themes in this year’s meeting: moderating inflation, low growth, fiscal stress, and geopolitical risk.