The Next South Korean Administration and Relations with Latin America
From both strategic and economic stances, it is critical that the future South Korean administration continue to expand trade and investments in Latin America.
ASEAN -Korea Relations Under the Next South Korean Administration
Since establishing a Sectoral Dialogue Partnership with the Association of Southeast Asian Nations (ASEAN) in 1989, South Korea has rapidly expanded its diplomatic ties, economic partnerships, and development assistance efforts in Southeast Asia.
What the Recent U.S. Action on Steel Means for Korea
On April 20, 2017, President Donald Trump signed a memorandum for the Secretary of Commerce, Wilbur Ross, directing him to conduct a “Section 232” investigation into the national security implications of steel imports.
China: Challenges for the Next South Korean Administration
A question frequently asked is whether the next South Korean administration will tilt towards China and away from the United States, based on Seoul’s purportedly shifting perception of the relative importance of the two countries. In reality, it is not helpful to judge whether the United States or China are more important to the Republic of Korea. There is no simple reply to the general question and, honestly, there is no reason to answer it.
Why North Korea-China Trade Increased in the 1st Quarter Despite Sanctions
Full first quarter data on trade between North Korea and China is not yet available, but data released by China’s General Administration of Customs raises interesting questions in regards to ongoing trade between China and North Korea.
Turning Out the Lights?: The Impact of THAAD on Hallyu Exports to China
Ever since the decision last summer to install THAAD on the Korean peninsula, China has strongly opposed the system. But instead of keeping the dispute in the political sphere, China has started to show its ire by imposing sanctions on Korean pop culture (Hallyu) content.
Improvements to the U.S.-Korea Trade Balance
Recent statistics released by the Foreign Trade Division of the U.S. Census Bureau show an improvement in the trade balance with South Korea in favor of the United States.
China’s Narrow-minded Retaliation Over THAAD
Since South Korea announced the deployment of THAAD, China has been harassing South Korea through various channels.
Is North Korea Retaliating Against China Suspending Coal Imports?
Much like China’s undeclared sanctions against South Korea for the deployment of THAAD (Terminal High Altitude Area Defense), North Korea may be doing the same to China.
Trade in Services Data Contributes to More Accurate Picture of the U.S.-Korea Trade Relationship
U.S. services exports to Korea hit a record level of $21.55 billion in 2016, which contributed to producing the highest trade surplus in services ($10.7 billion) for the United States in the history of U.S.-South Korea trade relations.