Korea, South

Ever since Myanmar's political and economic opening several years ago, countries have been looking to get in on the ground floor to build ties with this emerging economy in Southeast…

Ever since last summer, when South Korea and the United States announced they would be deploying the Terminal High Altitude Area Defense (THAAD) missile defense system to the peninsula, China…

Starting from the period after the Korean War and continuing today, more than 100,000 Korean children were adopted around the world. As they get older, many of them decide to…

In 2017, U.S. Forces Korea (USFK) will complete the move of nearly all troops and support staff from Yongsan Garrison in Seoul to Camp Humphreys, 50 miles south of the…

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…

On January 9, 2025, the United States and South Korea signed a memorandum of understanding (MOU) on principles of nuclear export and cooperation that could unlock new dimensions of the partnership and tens of billions of dollars in profit for construction and nuclear industries in both countries. In addition to its clear economic implications, the deal allows…

There appears to be a bright spot amid the global market turmoil after President Donald Trump’s “Liberation Day” tariff announcements on April 2. In the first-ever phone call between Trump and his acting South Korean counterpart, Han Duck-soo, the two leaders mentioned shipbuilding as a potential area of cooperation in the aftermath of the tariff…

The South Korean won has reached record lows against the U.S. dollar in recent days, just as heavy U.S. tariffs against what President Donald Trump says is an unsustainable South Korean trade surplus threaten the country’s exports. The issue, however, is not new. The won—now close to 1,500 to the dollar—was hit hard by the…

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.