U.S. Trade Deficit with South Korea Continues to Decline
If present trends continue for the final two months of 2017, the U.S. will set a record level of merchandise exports to Korea, reaching nearly $48 billion.
South Korea 20 Years After the IMF Rescue Package
Twenty years ago South Korea agreed a painful program prescribed by the IMF as the condition of a loan package focused on restoring market confidence.
What Newly Nominated Federal Reserve Bank Chair Jerome Powell Might Mean for South Korea’s Economy
The general consensus over President Donald Trump’s nomination of Jerome Powell as the new Federal Reserve Bank (FRB) Chair is that Powell is a safe bet.
A Model to Replicate: The U.S.-Korea Beef Success Story
Less than a decade ago, the subject of U.S. beef in Korea garnered fierce criticism. Today, Korea represents the second largest export market for U.S. beef.
Korea Regains Spot as Third Largest Sender of Students to the U.S.
Despite the number of South Korean students studying in the United States dropping for the sixth year in a row, South Korea regained its spot as the third largest sender of students to America.
Why China Lost Its Battle with South Korea Over THAAD
China failed to realize that the dispute over THAAD wasn’t about bilateral relations with China, but the need to defend against North Korea.
Korea’s Ambitious Smart Water Grid Initiative
The word “Smart Grid” became popularized when the energy industry thought applying sensors and having comprehensive control over the whole cycle of generating and consuming…
China Squeezes North Korea Trade: Impact Not Yet Clear
China’s trade with North Korea fell sharply from relatively high August levels and continues an erratic if clear decline since tighter UN sanctions.
What Renegotiating the KORUS FTA May Mean for the Future of Digital Trade in Korea
If the digital trade section of the KORUS FTA is amended, Korea will likely need to open up its e-commerce industry to foreign competitors.
U.S. Poised to Set a Record Level of Merchandise Exports to Korea in 2017
One reason for the downward trend in the U.S. bilateral trade deficit with Korea is that the U.S. is on track to set a record in goods exports this year.