United States of America

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 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an encompassing…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

The United States and Korea finished the eighth round of negotiations for a bilateral free trade agreement (FTA) in mid-March 2007, and the agreement is likely to be concluded eventually.1…

Last week’s initial US presidential debate saw both candidates field questions ranging across inflation, unemployment, and the national debt. Whether it was Biden’s highlighting his CHIPS Act successes, or Trump’s pronouncements on the US trade deficit with China, the topics set the scene for a national election in which voters will weigh drastically different visions…

The United Nations Security Council (UNSC) discussed serious human rights abuses carried out in North Korea on June 12, with South Korea’s Permanent Representative to the UN Ambassador Joon-kook Hwang serving as UNSC president. The roles of North Korea and South Korea at the UNSC meeting highlight the stark differences between the two Korean states…

The world is in a technology revolution surrounding artificial intelligence (AI). Companies are competing to scoop up the best AI talent, and each is looking to be the first to shore up partnerships with the top firms. Among others, Meta with Dell to cooperate on Llama 2; Apple with Google to incorporate their Gemini AI;…

On April 15, the US Department of Commerce awarded $6.4 billion in direct CHIPS Act funding to Samsung Electronics for its operations in Texas. This helps to contribute to the more than $45 billion in total Samsung is injecting across all projects in its new Taylor, Texas chip manufacturing facility and existing facility in Austin.…

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.