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…

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…

Last week’s initial US presidential debate saw both candidates field questions ranging across inflation, unemployment, and the national debt. Whether it was Biden’s highlighting his CHIPS Act successes, or Trump’s pronouncements on the US trade deficit with China, the topics set the scene for a national election in which voters will weigh drastically different visions…

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.