Benefits of KORUS FTA Not Eclipsed by the Trade Deficit
Much has changed since President Trump first raised his concerns about the KORUS FTA,
As Chinese Tourists Continue to Drop, Korea Turns to the Middle East
As several KEI analyses have shown, South Korea’s tourism industry has been one of the main casualties of China’s economic retaliation over deployment of the THAAD missile defense system.
Pyongyang’s Deficit Soars: Won Steady But for How Long?
ICBMs are not the only things soaring in North Korean skies. Comprehensive second quarter data released by China Customs last week shows a huge jump in North Korea’s trade deficit with China.
What Do the Trump Administration’s NAFTA Objectives Mean for the KORUS FTA?
Last week, the Office of the U.S. Trade Representative (USTR) released its Summary of Objectives for the NAFTA Renegotiation, providing a window into how the administration may pursue updating the U.S.-Korea Free Trade Agreement (KORUS FTA).
Since Trump’s Election, the U.S.-Korea Trade Deficit Has Been Reduced by One-Third
Last March, President Donald Trump directed the Department of Commerce and the Office of the U.S. Trade Representative (USTR) to prepare an Omnibus Report on Significant Trade Deficits within 90 days.
Is Trump Impacting How South Koreans View the United States?
As President Moon Jae-in meets with President Trump this week to discuss new issues as well as longstanding ones such as the North Korea nuclear problem, his flexibility both in Washington and after his return to Seoul depends on public opinion at home.
Is China Helping? We Might Be Surprised
President Trump made lots of people a little nervous last week, tweeting that China had been “helpful” on North Korea but that “It just hasn’t worked out.” As if resigned to the inevitable, he typed “At least it tried”.
Just How Dependent is South Korea on Trade with China?
China’s punitive economic measures against South Korea over THAAD may have shrouded Beijing-Seoul relations in uncertainty, yet they highlight Korea’s economic dependence on China.
Is the Hallyu Crisis with China Over?
Beijing has approved the broadcast of a new Korean drama that had been co-produced by a Korean and a Chinese company, according to a source in the Chinese entertainment industry, making it the first Korean show to get the green light since before the THAAD spat.
“Teaching To Fish”: How Training Koreans to Repair U.S. Cars May Boost Sales in South Korea
Perhaps no industry reflects the U.S.-Korea trade imbalance that a recent USTR report alludes to more than automotive.