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Business & Economy

Court drama, US auto tariffs, and worst fire in South Korea’s history — Ep. 68
Podcast

Court drama, US auto tariffs, and worst fire in South Korea’s history — Ep. 68

Han Duck-soo returns, Lee Jae-myung is cleared, Trump hits autos and wildfires test the country’s resilience

Court drama, US auto tariffs, and worst fire in South Korea’s history — Ep. 68
KOREA PROKOREA PRO March 28, 2025
Trump’s 25% auto tariffs undermine KORUS, leaving South Korea flat-footed
Briefings

Trump’s 25% auto tariffs undermine KORUS, leaving South Korea flat-footed

Free trade agreement sidelined as Trump weaponizes tariffs and private sector acts without waiting for government

Trump’s 25% auto tariffs undermine KORUS, leaving South Korea flat-footed
KOREA PROKOREA PRO March 28, 2025
South Korea risks losing ground in Europe’s $858 billion defense expansion
Analysis

South Korea risks losing ground in Europe’s $858 billion defense expansion

ROK firms may benefit from supply gaps, but EU procurement rules and Seoul’s Ukraine policy may block joint arms deals

South Korea risks losing ground in Europe’s $858 billion defense expansion
Joon Ha ParkJoon Ha Park March 27, 2025
Hyundai’s $21B US push signals a seismic strategy shift for South Korean firms
Analysis

Hyundai’s $21B US push signals a seismic strategy shift for South Korean firms

Tariffs, domestic instability and weak diplomacy are driving Korean conglomerates to behave like post-national entities

Hyundai’s $21B US push signals a seismic strategy shift for South Korean firms
John LeeJohn Lee March 26, 2025
Hyundai to invest $21 billion in US to dodge tariffs and secure market share
Briefings

Hyundai to invest $21 billion in US to dodge tariffs and secure market share

Conglomerate’s plan includes new EV plants, AI labs and 14,000 jobs as Trump’s reciprocal tariffs are set to kick in

Hyundai to invest $21 billion in US to dodge tariffs and secure market share
KOREA PROKOREA PRO March 26, 2025
South Korea’s shrinking towns explore refugees as a fix for demographic collapse
Analysis

South Korea’s shrinking towns explore refugees as a fix for demographic collapse

Yeongyang County’s refugee plan is still under review but reflects growing pressure to find solutions

South Korea’s shrinking towns explore refugees as a fix for demographic collapse
Lina ParkLina Park March 25, 2025
South Korea’s 2025 SDG Report highlights economic and social weaknesses
Briefings

South Korea’s 2025 SDG Report highlights economic and social weaknesses

Weak progress on green energy, high elderly poverty and social inequality highlight structural gaps in safety net

South Korea’s 2025 SDG Report highlights economic and social weaknesses
KOREA PROKOREA PRO March 25, 2025
South Korea, Japan and China seek closer ties at trilateral ministerial summit
Briefings

South Korea, Japan and China seek closer ties at trilateral ministerial summit

South Korea strengthens ties with Japan on security while engaging China on trade and maritime issues

South Korea, Japan and China seek closer ties at trilateral ministerial summit
KOREA PROKOREA PRO March 24, 2025
Another potential impeachment, interest rates and trade tensions — Ep. 67
Podcast

Another potential impeachment, interest rates and trade tensions — Ep. 67

South Korea’s opposition seeks to impeach Acting President Choi as steel tariffs and Fed policy squeeze Seoul’s economy

Another potential impeachment, interest rates and trade tensions — Ep. 67
KOREA PROKOREA PRO March 21, 2025
Fed’s caution squeezes Bank of Korea’s options as household debt rises
Analysis

Fed’s caution squeezes Bank of Korea’s options as household debt rises

Gap in US-ROK rates and increased housing speculation are threatening to destabilize South Korea’s financial markets

Fed’s caution squeezes Bank of Korea’s options as household debt rises
John LeeJohn Lee March 20, 2025
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