United States of America

The U.S.-ROK bilateral economic relationship entered a new era 1 April 2007 when President George W. Bush notified the U.S. Congress of his intent to enter into a free trade…

Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

The Korea-U.S. Free Trade Agreement (KORUS FTA) and the Korea-European Union Free Trade Agreement (Korea-EU FTA) are the major FTAs for the Korean economy. Although both FTAs share many similarities,…

By Troy Stangarone Shortly after the United States and South Korea began discussions on the deployment of the Terminal High Altitude Area Defense (THAAD) system in response to North Korea’s fourth nuclear test, China’s Ambassador to South Korea, Qiu Guohong, suggested that the deployment of THAAD could “destroy” relations between South Korea and China. Now,…

By Hwan Kang The renegotiation of the U.S.-Korea FTA, or KORUS FTA, was prompted by White House concerns over the bilateral trade deficit, placing sectors in which the U.S. has significant deficits in the public spotlight. However, the renegotiation of the KORUS FTA also has potential ramifications for other areas, including digital trade. Many experts…

By Phil Eskeland As President Donald Trump left Washington, D.C. to travel to Asia, the Department of Commerce released the latest set of trade data for the month of September.  The emphasis on boosting merchandise exports of U.S. manufactured goods and agricultural products remains a singular focus of the Trump Administration as it tries to…

By Mark Tokola Put yourself in Kim Jong-un’s shoes.  The United States is increasing pressure on your regime through sanctions and diplomatic moves but you’re not ready to engage with the U.S. because you haven’t finished your missile and nuclear weapons testing and development.  Relations with your traditional ally, China, are awful because Beijing also…

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.