Korea, South

Seoul has gradually adopted a more outspoken position regarding the importance of peace and stability in the Taiwan Strait and framed it in increasingly expansive terms—as a regional and global…

From K-pop to K-drama and food, Korean culture has taken the globe by storm. Korean artists are topping the Billboard charts, Korean films are winning Oscars, and Korean kimbap at…

Countries with advanced semiconductor industries are caught in the middle of growing U.S.-China competition in technology focused on advanced computing. While some countries with key technology companies in the toolmaking…

The United States and the Republic of Korea have been celebrating the 70th anniversary of the alliance and the 120th anniversary of Korean immigration to the United States throughout 2023.…

Major political developments at the end of 2024 have ushered in new unpredictability in the US-South Korea relationship for 2025. First came the re-election of Donald Trump in the United States, followed by dramatic events in South Korea that are still evolving after President Yoon Suk Yeol’s short-lived declaration of martial law. Deep political division…

South Korean President Yoon Suk Yeol’s short-lived declaration of martial law on December 3, 2024, and his subsequent impeachment on December 14 have plunged the country into its worst political crisis in nearly 40 years, with some signs of a negative economic impact. The economy was already showing signs of weakness before the December political…

The last thing South Korean monetary officials need to hear about is the US Department of the Treasury’s recent addition of South Korea to its currency monitoring lists. The timing could hardly be worse, as it was made in November prior to the drastic drop in the value of the won, partly driven by various…

The economic relationship between the United States and South Korea is stronger than ever, but President Donald Trump’s promises of higher US tariffs pose risks to the relationship. In 2023, trade between the two countries in goods and services was valued at 256 billion USD, and South Korea became one of the largest sources of…

Please join KEI and KIEP for a discussion about the first 10 years of KORUS and the future of the U.S.-Korea economic relationship.