United States of America

Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…

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…

On April 22, Secretary of State Marco Rubio unveiled an organization chart and released an official statement that journalists described as a “sweeping plan” to restructure the Department of State. Reflecting the hyperbolic rhetoric of the second Donald Trump administration, the statement said, “In its current form, the department is bloated, bureaucratic and unable to…

The Korea Economic Institute of America (KEI) recently led a delegation to Las Vegas, Nevada, to gain a firsthand look at the city’s role within the U.S.-South Korea relationship and its influential network of Korean American community and business leaders. Across a range of sectors, from advanced manufacturing and clean technologies to creative industries and…

The strange scene of U.S. President Donald Trump huddled knee to knee with Ukrainian President Volodymyr Zelenskyy in the anteroom of Pope Francis’ funeral has prompted hopes that a so-far-elusive peace deal in the war between Russia and Ukraine is within reach. Whether that comes to pass remains to be seen. But one product of…

President Donald Trump said on February 18 that he intended to raise automobile tariffs on all U.S.  automobile imports. He followed through with this plan on March 26, announcing a 25 percent automobile tariff that took effect on April 2, making engines, transmissions, powertrain parts, and electrical components, as well as fully assembled cars, all…

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.