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The past ten years have seen ever increasing bilateral goods trade between the United States and South Korea. Both developed economies have successfully increased their bilateral merchandise exports while simultaneously decreasing their balance of trade.
The town of Palisades Park, New Jersey, sits close to the George Washington Bridge, one of the main commuter thoroughfares into New York. Until the 1980s, the town was mostly Italian-American, with inexpensive houses and its share of vacant storefronts and buildings. But now, Korean...
According to recently released figures from the US Bureau of Economic Analysis (BEA), Southeast Asian foreign direct investment (FDI) in the United States is making a recovery from the effects of the Global Financial Crisis. While Southeast Asia’s FDI stock in the United States declined...
South Korean President Lee Myung-bak’s official five-day state visit to the United States was a resounding success, with a number of significant developments across both the security and economic spectrums. Passage of the US-South Korea Free Trade Agreement—KORUS—just hours before...
Supporters of the Korea-United States Free Trade Agreement (KORUS FTA) have their fingers crossed that Members of Congress finally will approve legislation to implement the accord shortly after returning from their August recess.

A Round-up of US-Japan Trade Features

by Grace Ruch
Trade has been a central element of US-Japan relations, with its attendant ups and downs, for over 150 years. The Treaty of Kanagawa was the first agreement signed between the United States and Japan in 1854, the end result of U.S. Commodore Matthew Perry’s famous mission to open the...

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