United States of America

The world can only hope the recent U.S.-North Korean bilateral discussions will revive the six-power talks and lead to Pyongyang’s renunciation of its nuclear weapons ambitions. Hope, however, is not…

This paper builds on Kiyota and Stern (2007), in which we analyzed the economic effects of a U.S.-Korea free trade agreement (KORUSFTA). In Section II, we review the objectives and…

The security alliance between the United States and the Republic of Korea (ROK) is the foundation for the architecture of strategic stability in Northeast Asia that has endured for more…

The Cold War in Northeast Asia became irreversible with the outbreak of the Korean War on 25 June 1950. Over the decades partial steps were taken to end it: rapprochement…

There appears to be a bright spot amid the global market turmoil after President Donald Trump’s “Liberation Day” tariff announcements on April 2. In the first-ever phone call between Trump and his acting South Korean counterpart, Han Duck-soo, the two leaders mentioned shipbuilding as a potential area of cooperation in the aftermath of the tariff…

The first blog post of this series for the Korea Economic Institute of America (KEI) assessed the propriety of the White House’s estimate of South Korean tariffs on U.S. goods and its imposition of reciprocal tariffs at 25 percent. There are several ways that the Donald Trump administration could have derived the number, but it…

The market roiled, web searches spiked, and the media was in a frenzy after President Donald Trump unveiled his “Liberation Day” tariffs. Not surprisingly, the 10 percent baseline tariff on all goods with an additional “discounted” reciprocal tariff generated mostly negative reactions. As the president held up a large placard explaining that nearly every country…

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…

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.