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…

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.