United States of America

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…

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…

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…

The United States is poised to escalate its trade brinkmanship once again. On April 2, the Donald Trump administration is expected to unveil a sweeping new tariff regime under the banner of “reciprocal tariffs,” aimed at countries with significant trade surpluses with the United States—including close allies like South Korea. White House officials purport they…

Shipbuilding is quickly emerging as an area for potential cooperation between the United States and South Korea. The former needs ships, and the latter is a major manufacturer of them, which makes it natural that the two allies would partner on this issue. Ships are critical to facilitating international trade and defending the maritime lines…

The second Donald Trump administration’s rapid start has put South Koreans on alert regarding the implications for managing U.S.-South Korea relations. Under normal circumstances, South Korea’s president would be near the front of the line outside of the Oval Office. But Yoon Suk Yeol’s declaration of martial law last December and his subsequent impeachment have…

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.