United States of America

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…

On 21 June 2005 the flag of the Socialist Republic of Vietnam flew outside of Blair House, across the street from the White House. Standing still on a windless day,…

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…

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…

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.