United States of America

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

The Korea-U.S. Free Trade Agreement (KORUS FTA) and the Korea-European Union Free Trade Agreement (Korea-EU FTA) are the major FTAs for the Korean economy. Although both FTAs share many similarities,…

An old Korean proverb says that when two whales fight it is the shrimps whose backs are crushed. Maybe that proverb best describes Korea’s situation on the trade front these…

Science diplomacy refers to international scientifi c cooperation aimed simultaneously at advancing scientifi c knowledge and improving and strengthening broader relations between participating countries and groups. Science diplomacy has proved…

America’s leadership and competitiveness in the 21st century will demand a revival of certain sectors in its storied industrial base. With escalating naval buildups in the Indo-Pacific region and intensifying bottlenecks in global trade, shipbuilding is one such key sector that should help to maintain the United States’ economic and security edge. Once considered the…

President Trump announced Ohio Senator J. D. Vance as his running mate last week ahead of the Republican National Convention. This gives a clearer direction to what his second administration’s economic policies may look like, while also imparting a greater weight to the effects it would have on Vance’s heartland base. The first Trump administration…

A $32 million subsidy to Hyundai Mobis, a subsidiary group of South Korea’s Hyundai Motor Group that specializes in auto parts manufacturing, from the Biden administration on July 11 is set to help secure US electric vehicle (EV) supply chains. It came as part of  $1.7 billion in Domestic Automotive Manufacturing Conversion grants from the…

I recently traveled to Dallas, Texas and Tulsa, Oklahoma to give talks on my new book on the US-South Korea alliance. It is increasingly difficult for me to travel around the United States without discovering new aspects of American interactions with the Korean Peninsula. As KEI fulfills our mission of promoting knowledge and understanding about…

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.