United States of America

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 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…

With a possible second Trump Administration less than a year away, it is worth reviewing the roots of Donald Trump’s foreign policy and seeing what lessons might be learned from his Presidency.  President Trump’s approach to foreign affairs was neither unprecedented nor incomprehensible.  Its roots are in American history, and its principles are discernible.  The…

The latest guidance for electric vehicle (EV) subsidies doubles down on National Security Advisor Jake Sullivan’s vision for a “small yard, high fence.” On Monday, the Treasury Department in conjunction with the Internal Revenue Service (IRS) and the Department of Energy (DOE) issued proposed regulation defining what it means to be a foreign entity of…

Last week’s Asia-Pacific Economic Cooperation (APEC) summit in San Francisco concluded where discussions among Asia-Pacific leaders heavily focused on trade, investment and security across the region. Taking place on the heels of seventh round negotiations for the Indo-Pacific Economic Framework (IPEF) the week prior, the summit marked President Yoon Suk Yeol’s first attendance of an…

In his speech at a non-union auto workers' facility last week in lieu of a Republican debate performance, former President Donald Trump again made U.S.-Korea trade the focus of his protectionist rhetoric.  In outlining what he called his vision for the “revival of economic nationalism,” he boasted over what he believed was “saving American auto…

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.