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…

Policy uncertainty in the United States has increased, which is influencing the long-term outlook for South Korean multinationals’ investment decisions. I use recent data to quantify the magnitude and drivers of this uncertainty, including trade, monetary, and fiscal policies. Then, I examine how firms may respond, such as aligning with U.S. policy initiatives, adopting a…

Amid all the talk of tariffs and investments in the United States, numerous reports and analyses have pointed to the benefits of deep socioeconomic linkages between the United States and South Korea. As President Donald Trump noted as early as 2019, “Hyundai, Samsung, CJ, Doosan, and SK Group… have created more than 50,000 brand new…

South Korean officials proposed “support[ing] the revitalization of the U.S. shipbuilding industry” as an avenue for cooperation during the two-plus-two tariff negotiations between the United States and South Korea on April 24, 2025. Moving forward, future negotiations by the United States on trade will continue to involve partnerships in areas where allied countries such as…

Voice of America (VOA) and Radio Free Asia (RFA) are two news agencies funded by the U.S. federal government that provide information to global audiences, especially those in countries without free and independent media. But in mid-March, President Donald Trump issued an executive order that targeted their funding. Their parent agency, the United States Agency…

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.