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…

On August 18th, an unprecedented summit unfolded at Camp David where the leaders of the Republic of Korea (ROK), the United States, and Japan convened. The symbolic importance of the first ever stand-alone meeting and the historic location made a profound impact. The substantive nature of the summit also heralds the commencement of a “new…

In August, President Yoon Suk Yeol and Prime Minister Kishida Fumio held their first standalone U.S.-Japan-Korea trilateral summit with President Joe Biden. At the conclusion of this historic meeting, the leaders unveiled the “Spirit of Camp David” which described their desire to advanced closer trilateral coordination to address regional and global challenges. “We’ve laid in…

U.S. trade policy with South Korea has already made its way into the 2024 Republican primary talking points. In former president Donald Trump’s interview with Tucker Carlson on the X platform, which took place in lieu of a Trump appearance at the Milwaukee Republican primary debate, the issue of Trump’s tariffs on South Korean washing…

While the economic components of the Camp David summit will not be remembered in the same way as the Plaza Accords or Bretton Woods, the agreement nonetheless lays out an ironclad economic framework for cooperation between the United States, Korea, and Japan which will serve to benefit the Indo-Pacific and beyond. The economic announcements provide…

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.