Overall U.S. Trade Deficit with Korea Drops below Pre-KORUS Levels
The U.S.-Korea bilateral trade deficit has declined by 71 percent from its height in 2015 to below its pre-KORUS FTA level.
What Could be Saved by U.S. Trade Safeguards?
Whirlpool, which petitioned for the safeguard, saw its market share drop from 17.3% to 15.7%, falling from 2nd to the third place followed in the market.
Exempt Korea from Possible Tariffs on Imported Motor Vehicles and Parts
Korea should be provided an exemption from any proposed tariffs on imported motor vehicles and parts from the recent Section 232 investigation.
Sanctions, Useful Tools for Changing North Korea—Lets Work Them, Carefully
Can sanctions be wiggled like a wrench back and forth to get what we need from North Korea, not only on nuclear issues but economic reforms as well.
Record Levels of U.S. Agricultural Exports to South Korea
The U.S. exported record levels of agricultural products to Korea, going from nearly $7 billion in 2011 to a record $8.3 billion in 2018.
Seventh Anniversary of the Korea-U.S. Free Trade Agreement
As we reflect on the success of the KORUS FTA, it is important to also remember that other factors may influence future economic behavior.
When Will Kaesong Reopen?
The sudden start to the inter-Korean peace process last year renewed interest in the resumption of joint economic activities like Kaesong, though there has been little indication if the complex will be open again in the coming months or years.
The Hidden Economic Hazard: Rent
The minimum wage increase has been much maligned, but a bigger threat to business dynamism in Korea may be the cost of renting retail space
10 Issues to Watch for on the Korean Peninsula in 2019
A look at 10 issues that will have an impact on the Korean peninsula in the year ahead.
2018 in Review: When Donald Met Jong-un
If 2017 was the year of “fire and fury,” 2018 saw the United States and North Korea turn from the rhetoric of war to diplomacy.