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.
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.
The U.S. trade deficit through October with the world expanded by 11 percent, but Korea bucked this trend by declining 22 percent to just $15.1 billion.
A key factor holding back Korea’s economic recovery may be President Moon’s faithfulness to the policy tools that preceding governments used to address faltering economic growth
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.
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 U.S. trade deficit through October with the world expanded by 11 percent, but Korea bucked this trend by declining 22 percent to just $15.1 billion.
The initial agreement announced to revise NAFTA includes proposed changes to automobile trade in North America that have implications for Hyundai and Kia.
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.
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.
While South Koreans celebrated their team’s upset victory over Germany in the World Cup earlier this week, no country was happier about the win than Mexico.