The Peninsula
The Peninsula blog is a project of the Korea Economic Institute. It is designed to provide a wide ranging forum for discussion of the foreign policy, economic, and social issues that impact the Korean peninsula.
The Order and Chaos Surrounding U.S.-South Korea Tariff Negotiations
Tom Ramage
April 22, 2025
The imposition of reciprocal tariffs on Korea and the addition of import duties signify a sharp turn away from the KORUS FTA playbook.
US-Korea Investment and Diplomacy Ledger: Q1, 2025
Tom Ramage
April 21, 2025
The first quarter of 2025 marked the transition into what will likely be seen as a new global economic reordering.
US funding freeze threatens backbone of global efforts on North Korean human rights
Hanna Song
April 17, 2025
The U.S. has played a uniquely important role in sustaining the global movement for truth, justice, and accountability for the people of North Korea. Today, that movement is in crisis.
Why Shipbuilding is a Silver Lining amid the U.S. Tariff Turmoil
Je Heon (James) Kim
April 15, 2025
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
William Brown
April 10, 2025
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.
The Beef with Tariffs (II): A Closer Look at Deficit-Driven Tariffs
Nils Wollesen Osterberg
April 8, 2025
Without exception, the April 2 tariffs are much larger than the tariffs South Korea and others levy on the United States.
The Beef With Tariffs (I): South Korea’s True Tariff on U.S. Goods Is Far Lower Than White House Claims
Je Heon (James) Kim
April 3, 2025
The president held up a placard explaining that nearly every country trading with the United States will be forced to pay heavier tariffs.
Reciprocal Tariffs and the Trouble with Old Trade Rules
Hyerim Kim
March 31, 2025
The U.S. position that national security is non-justiciable is fundamentally at odds with the WTO’s insistence on legal discipline.
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