The KORUS FTA and the Creative Industries
Enhanced bilateral trade and investment under the KORUS FTA has positively impacted the U.S. copyright industries in several ways.
South Korea’s Not Out of the Woods Yet on U.S. Trade Actions
While many have expressed relief over reaching a tentative deal on the KORUS FTA, Korea still could get caught between China and the United States.
How is Pyongyang Controlling its Won?
With a near Chinese embargo on exports causing an outflow of reserve dollars, how is North Korea maintaining stability in the domestic money supply.
Agriculture is the Clear-Cut Winner with Sound Trade Policy
In fact, NAFTA, and trade deals like KORUS FTA – the United States-Korea Free Trade Agreement – are keeping our farms and rural communities not just afloat, but at the forefront and rapidly growing.
U.S. Bilateral Trade Deficit with South Korea Drops 41 percent
The U.S. trade deficit with Korea in goods and services declined by $7.3 billion in 2017 on a record $23.2 billion in U.S. services exports to Korea.
2017 U.S. Agricultural Exports to South Korea Nearly Tied Record
In 2017, the U.S. ran a massive agricultural trade surplus with Korea of $6.3 billion. It generated nearly $9.6 billion in additional economic activity.
Will Korea Face Higher Tariffs on Steel to Protect U.S. National Security?
South Korea is an ally both in national security and in trade. It should not have been included on the list of targeted countries for steel safeguards.
U.S. Hits New Record in Merchandise Exports to South Korea
The U.S. set a new record of $48.3 billion in exports of manufactured and agricultural goods to the Republic of Korea in 2017.
Beijing’s Economic War on Pyongyang
Beijing conducting economic “war” on Pyongyang might be a little strong, but I think everyone would agree it’s at least a fierce and growing skirmish.
How the Upcoming Trump Administration Action on Steel Will Impact Korea
While the trade actions being taken by the Trump Administration ostensibly target China, they disproportionately hit South Korea.