Will Shifting Economies Aid Trump’s North Korea Gambit?
Can Trump use economic strength to keep China and South Korea on board with North Korean de-nuclearization while maintaining tough sanction pressures?
Korea Deserves Clarity from the U.S. Regarding a Tariff Exemption on Autos
There are no public reports that an assurance was given to South Korea that the U.S. would exempt Korea from higher tariffs in imported autos.
Tertiary Impact of Higher U.S. Tariffs Imposed on China
Higher U.S. tariffs on Chinese products leave Korea’s economy vulnerable to this trade fight because many Chinese products incorporate parts from Korea.
The Young Marshall’s Long Hot Summer
Let’s examine the North Korean economic scene in the hot Korean summer of 2018 to see if we can get hints at Kim Jong-un’s thinking.
What Does the New NAFTA Agreement Mean for Korean Auto Makers?
The initial agreement announced to revise NAFTA includes proposed changes to automobile trade in North America that have implications for Hyundai and Kia.
The Challenges of a Second Minimum Wage Increase in South Korea
The Korean government announced on July 14 that it will raise the minimum wage next year by 10.9% to 8350 won ($7.40), following a 16.9% increase this year.
South Korean Economic Concerns Dampen Moon’s Approval Ratings
For the first time in his presidency, South Korean President Moon Jae-in has seen his approval ratings fall below 60 percent as economic issues rise to the forefront of public concern.
U.S. Merchandise Trade Deficit with South Korea Continues to Decline
While America’s overall merchandise trade deficit went up by 6.7 percent for the first six months of this year, it declined 23 percent with South Korea.
Kim Turns to Exhortation Economics, What is His Plan B?
Kim Jong-un is launching his “economy first” messaging with his new emphasis on economic growth and improved living standards.
Higher Tariffs on Imported Vehicles and Parts from Korea Will Harm U.S. National Security
Not only are there sound economic reasons not to impose higher tariffs on Korea motor vehicle and parts imports, it will also damage U.S. national security.