United States of America

Globalization is a hallmark of the twenty first-century world. As transportation and telecommunications grow in both efficiency and level of performance and as the ambit of the Internet expands, it…

After the U.S.-Korea Free Trade Agreement (KORUS FTA) is approved by the legislatures of Korea and the United States, it will likely provide a turning point for the countries’ bilateral…

The automobile industry is a dynamic and significant sec-tor in most of the major economies in the world. It is closely related to various other manufacturing sectors such as rubber,…

During the past few years, the United States has begun three important initiatives that alter its defense commitment to South Korea (Republic of Korea [ROK]). First, Washington started to decrease…

The Inflation Reduction Act (IRA) was signed into law on August 16, 2022. It is the most comprehensive climate law passed by the US government, committing over $400 billion to clean economy initiatives through a mix of tax credits and funding opportunities. The law has initiated a wave of green investment across the United States…

Donald Trump, his vice-presidential running mate J.D. Vance, and his prospective secretary of the Treasury Robert Lighthizer have all pointed to a weaker dollar as a solution to the competitiveness problems of US manufacturing. Their suggestions raise more questions than they answer, however. Is a weaker dollar, in fact, something that can be achieved? Would…

This piece builds upon previous analysis titled, “Digital Trade Wars: What U.S. Policymakers Need To Understand about South Korea’s Tech Regulation,” published on March 28, 2024. New legislation introduced in the US Congress suggests that a major US-South Korea digital trade dispute could be unfolding, with Korea’s recently proposed regulation of online platforms in the…

The International Longshoremen’s Association (ILA) ended an East and Gulf Coast strike—its first strike since 1977—on October 3. Determined to receive substantial pay raises for workers, one of the ILA’s main points of contention was the role that automation may play in the industry as part of the overall progress in AI. Had it not…

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.