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…

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.