South Korea

This article was published in The Korea Times on March 13, 2024. With Donald Trump set to be the Republican presidential nominee after a string of primary wins on March…

This article was published in The Diplomat on March 8, 2024. Following Russia’s invasion of Ukraine, the United States and its allies put in place an extensive set of sanctions to limit Moscow’s…

This article was published in East Asia Form on February 24, 2024. After expanding by 2.6 per cent in 2022, South Korea’s economy cooled in 2023. Waning global demand for South…

This article was published in The National Interest on January 30, 2024. The trends driving the U.S.-ROK alliance to enhance cooperation around extended deterrence and establish the Nuclear Consultative Group…

For a twenty-year period, China had been the top export destination for Korean goods. Not so in December 2023, when Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that the United States had surpassed China to become Korea’s top goods export market on a monthly basis—marking the first time since 2003 that that was…

South Korea’s trade relations have undergone changes since the COVID-19 pandemic. In 2022, South Korea surpassed Japan and became China’s second-largest trading partner. However, its exports to China saw a decline of 20 percent in 2023, plummeting to $124.8 billion from $155.7 billion in 2022. Consequently, South Korea ran a trade deficit of $18 billion…

The war in Ukraine directly and indirectly impacted policy and perceptions on and around the Korean Peninsula, starting with Russia’s invasion in early 2022 and continuing apace in 2023. Although the war has provided Seoul the opportunity to enhance its contributions to global security, simultaneously it presents challenges that accelerate its security concerns closer to…

In April 2023, provisions in the Inflation Reduction Act (IRA) went into effect regarding standards for battery components and critical mineral materials. This had been the source of significant uncertainty for Korean electric vehicle (EV) makers and their suppliers as Korean companies were subsequently left off the list of eligible vehicles for the Section 30D…