United States of America

During the last two years ago, U.S.-South Korea relations have strengthened in ways that many Korea watchers did not expect. With a liberal President Barack Obama entering office, some feared…

Last year was a momentous year for the Korean Peninsula. As the world worked its way out of the global and financial crisis of 2008-2009, South Korea demonstrated its global…

Incredible change in the global economy over the past decade has shattered virtually everyone's expectations of what the next fifty years will look like, and Korea is no excpetion. The…

When the global financial crisis tore through world economies, national budgets around the world were immediately funneled to stabilize and revive the energy-intensive industries impacted by the market maelstrom. Yet,…

There appears to be a bright spot amid the global market turmoil after President Donald Trump’s “Liberation Day” tariff announcements on April 2. In the first-ever phone call between Trump and his acting South Korean counterpart, Han Duck-soo, the two leaders mentioned shipbuilding as a potential area of cooperation in the aftermath of the tariff…

The first blog post of this series for the Korea Economic Institute of America (KEI) assessed the propriety of the White House’s estimate of South Korean tariffs on U.S. goods and its imposition of reciprocal tariffs at 25 percent. There are several ways that the Donald Trump administration could have derived the number, but it…

The market roiled, web searches spiked, and the media was in a frenzy after President Donald Trump unveiled his “Liberation Day” tariffs. Not surprisingly, the 10 percent baseline tariff on all goods with an additional “discounted” reciprocal tariff generated mostly negative reactions. As the president held up a large placard explaining that nearly every country…

From March 19 to 21, 2025, the Korea Economic Institute of America (KEI) led a Future of Korea (FOK) delegation to Albuquerque, New Mexico, with KEI’s Economic Policy Analyst Tom Ramage, the U.S. Department of State’s Military Advisor for Japanese, Korean, and Mongolian Affairs Ki Suh Jung, and the South Korean Embassy’s First Secretary Hae…

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.