United States of America

Protracted talks—the so-called six-party talks—among the United States, South Korea (Republic of Korea; ROK), North Korea (Democratic People’s Republic of Korea; DPRK), Russia, China, and Japan over the standoff on…

What corresponding changes are being made to the Korea-U.S. economic and trade relationship? If, through the changes of the last decade, our trade relationship has evolved from one narrowly focused…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

On January 9, 2025, the United States and South Korea signed a memorandum of understanding (MOU) on principles of nuclear export and cooperation that could unlock new dimensions of the partnership and tens of billions of dollars in profit for construction and nuclear industries in both countries. In addition to its clear economic implications, the deal allows…

The U.S.-South Korea relationship has long been defined by a shared commitment to upholding security. But in recent years, it has evolved into something even more powerful: a comprehensive partnership rooted in economic strength, technological innovation, and cultural exchange. During the Joe Biden administration, the U.S. Department of Commerce saw firsthand the remarkable expansion of…

The beginning of President Donald Trump’s second term presages a major reordering of U.S.-South Korea economic relations. The imposition of reciprocal tariffs on Korea and the addition of import duties on steel and automobiles signify a sharp turn away from the playbook previously dictated by the U.S.-Korea Free Trade Agreement (KORUS FTA). At the same…

The first quarter of 2025 marked the transition into what will likely be seen as a new global economic reordering. President Donald Trump began his second term in the White House on January 20, and the United States and South Korea continued their rapid tempo of investment partnerships and collaborative agreements. Meanwhile, policy changes at…

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.