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What Does New Trade Data Portend for U.S.-Korea Trade Relations?

By Phil Eskeland Earlier today, the Foreign Trade Division of the U.S. Census Bureau released the latest statistics on U.S. international trade data.  While the overall U.S. trade deficit in...

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Is Renegotiation of the Korea-U.S. Free Trade Agreement on the Horizon?

By Phil Eskeland Last week, the Office of the U.S. Trade Representative (USTR) released the President’s National Trade Policy Agenda for 2017.  It should not be unexpected that the Trump Administration...

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Trade in Services Data Contributes to More Accurate Picture of the U.S.-Korea...

By Phil Eskeland Yesterday, we looked at the possibility of renegotiation of the Korea-U.S. Free Trade Agreement (KORUS FTA) in light of the recent release of the President’s National Trade Policy...

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ASEAN-Korea Relations Under the Next South Korean Administration

This is the second in a series of blogs looking at South Korea’s foreign relations in the run up to the next Korean administration taking office on May 10. The series also includes blogs on relations...

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The European Union: A Key Partnership for the Next South Korean Administration

This is the fifth in a series of blogs looking at South Korea’s foreign relations in the run up to the next Korean administration taking office on May 10. The series also includes blogs on relations...

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Why This May Be South Korea’s Most Consequential Presidential Election

By Troy Stangarone After months of protests across South Korea that culminated in the impeachment of President Park Geun-hye, South Koreans will go to the polls on May 9 to select her successor....

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Prospects for U.S.-Korea Economic Relations under New Administrations in...

By Phil Eskeland In 2017, both the Republic of Korea (ROK) and the United States face various challenges and opportunities in the growing economic relationship.  Korea is now America’s 6th largest...

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Seoul, Washington, and Pyongyang: Delicate Diplomatic Triangle for President...

By Robert R. King The campaign is over; ballots have been cast; the result is clear—Moon Jae-in will be in the Blue House within a few days. The most critical foreign affairs issue on the agenda of the...

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Challenges in Relations with the U.S. under the Moon Administration

This is the seventh in a series of blogs looking at South Korea’s foreign relations in the run up to the next Korean administration taking office on May 10. The series also includes blogs on relations...

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What Does the Call for a KORUS FTA Special Meeting Mean for Korea?

By Phil Eskeland On July 12, 2017, Ambassador Robert Lighthizer of the Office of the U.S. Trade Representative (USTR) sent a letter to Minister Joo Huynghwan of the Ministry of Trade, Industry and...

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Since Trump’s Election, the U.S.-Korea Trade Deficit Has Been Reduced by...

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.

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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...

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Benefits of KORUS FTA Not Eclipsed by the Trade Deficit

Much has changed since President Trump first raised his concerns about the KORUS FTA, The post Benefits of KORUS FTA Not Eclipsed by the Trade Deficit appeared first on The Peninsula.

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No Reason to Withdraw from the KORUS FTA

Rumors flooded Washington over the Labor Day holiday weekend that the U.S. would soon withdraw from the Korea-U.S. Free Trade Agreement (KORUS FTA).  The post No Reason to Withdraw from the KORUS FTA...

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Agreement to Renegotiate KORUS FTA Removes Threat of Withdrawal for the Moment

This will be the second time that the United States has pushed to renegotiate the KORUS FTA, which was originally signed in 2007 but not implemented until 2012. The post Agreement to Renegotiate KORUS...

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U.S. Poised to Set a Record Level of Merchandise Exports to Korea in 2017

One reason for the downward trend in the U.S. bilateral trade deficit with Korea is that the U.S. is on track to set a record in goods exports this year. The post U.S. Poised to Set a Record Level of...

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What Renegotiating the KORUS FTA May Mean for the Future of Digital Trade in...

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. The post What Renegotiating the KORUS FTA May Mean for the...

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A Model to Replicate: The U.S.-Korea Beef Success Story

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. beef. The post A Model to Replicate: The...

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U.S. Trade Deficit with South Korea Continues to Decline

If present trends continue for the final two months of 2017, the U.S. will set a record level of merchandise exports to Korea, reaching nearly $48 billion. The post U.S. Trade Deficit with South Korea...

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2017 in Review: A Critical Year for the Korean Peninsula

In 2017, attention turned to the Korean Peninsula as South Korea removed Park Geun-hye from office and North Korea advanced its weapons programs. The post 2017 in Review: A Critical Year for the Korean...

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