The Order and Chaos Surrounding U.S.-South Korea Tariff Negotiations
The imposition of reciprocal tariffs on Korea and the addition of import duties signify a sharp turn away from the KORUS FTA playbook.
Analysis and publications on economic policy, trade relations, business, financial issues, and commercial developments affecting U.S.-Korea relations.
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The imposition of reciprocal tariffs on Korea and the addition of import duties signify a sharp turn away from the KORUS FTA playbook.
The first quarter of 2025 marked the transition into what will likely be seen as a new global economic reordering.
The U.S. has played a uniquely important role in sustaining the global movement for truth, justice, and accountability for the people of North Korea. Today,...
For South Korea, U.S. partnership presents an opportunity for its shipbuilding sector to maintain competitiveness while reducing dependence on China
Short-term fears of economic volatility can make people lose confidence in a currency and refuse to hold it, no matter how cheap it gets.
Without exception, the April 2 tariffs are much larger than the tariffs South Korea and others levy on the United States.
The president held up a placard explaining that nearly every country trading with the United States will be forced to pay heavier tariffs.
The U.S. position that national security is non-justiciable is fundamentally at odds with the WTO’s insistence on legal discipline.
Trump’s tariff saber-rattling is an opportunity to redefine the U.S.-South Korea relationship in a way that advances the national interest.
Once dismissed as an abstract nuisance, transnational subsidies have now become a central concern for countries.
The proposed tariff on cars is likely to severely affect U.S.-South Korea economic relations, as well as the U.S. economy itself.
The second-term trade actions impacting Korea and other countries will deeply affect the US ability to compete in steel-intensive industries.
A return to decoupling could be the trend for the global economy under President Donald Trump’s second term.
During a time of political change in both the United States and South Korea, new investments, partnerships, and diplomatic dialogues continued to strengthen the economic...
South Korean President Yoon Suk Yeol’s short-lived declaration of martial law on December 3, 2024, and his subsequent impeachment on December 14 have plunged the...