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U.S. demand that Korea change its status in the World Trade Organization will test the Moon administration’s political capacity to appease the U.S. government.
Whirlpool, which petitioned for the safeguard, saw its market share drop from 17.3% to 15.7%, falling from 2nd to the third place followed in the...
The U.S. exported record levels of agricultural products to Korea, going from nearly $7 billion in 2011 to a record $8.3 billion in 2018.
As we reflect on the success of the KORUS FTA, it is important to also remember that other factors may influence future economic behavior.
WTO's decision to uphold Korea's right to retaliate against U.S. tariffs could severely impact Washington's approach to the international institution.
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...
South Korea faces internal and external risks to its economy that cannot be mitigated without significant reforms and international cooperation
The Korean government announced on July 14 that it will raise the minimum wage next year by 10.9% to 8350 won ($7.40), following a 16.9%...
Widely known as the “Delivery Nation,” South Koreans enjoy high speed delivery services in almost every product, including food, socks, and staples.
After a sudden Chinese ban on waste and recycling import, South Korea is now scrambling to cut down on the plastic waste that the country...
Enhanced bilateral trade and investment under the KORUS FTA has positively impacted the U.S. copyright industries in several ways.
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.
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....
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...
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.