United States of America

Trade ties between the United States and many East Asian countries have faced a high degree of uncertainty since Donald Trump took office in early 2017. The world is now…

During his visit to Asia in November 2017, President Donald Trump announced his vision of a “Free and Open Indo-Pacific” as the U.S. approach to the region. The Department of…

Beef trade was a major sticking point between the United States and South Korea in ratifying the KORUS FTA. The outcome of the renegotiations that led to the March 2018…

The sudden announcement of a North Korea-U.S. summit in March 2018 upended all previous diplomacy concerning North Korea’s nuclear program. In return for a bilateral presidential summit, Pyongyang has agreed…

This briefing comes from Korea View, a weekly newsletter published by the Korea Economic Institute. Korea View aims to cover developments that reveal trends on the Korean Peninsula but receive little attention in the United States. If you would like to sign up, please find the online form here What Happened The Ministry of Land, Infrastructure, and Transportation…

By Yeaji Nam South Koreans are suffering from record-setting air pollution. Among the OECD member countries, South Korea recorded the second highest ultra-fine dust levels in 2018. In addition, Seoul was ranked first on poor air quality among the major capital cities around the world. This level of air pollution is a major threat to…

By Phil Eskeland The U.S. Department of Commerce released its monthly trade data for January, which encompassed 4th Quarter 2018 statistics on trade in services with 15 individual countries, including South Korea.  Once again, the U.S. maintained its bilateral trade surplus in services with Korea because of yet another record-level of U.S. service exports to…

By Haram Chung The World Trade Organization (WTO) authorized South Korea to levy $85 million in tariffs on U.S. products as compensation for the improper way the U.S. calculated higher anti-dumping duties on Korean-made large residential washing machines. Apart from this, however, there was a controversy over the U.S.'s safeguard, which imposed another tariff on…

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.