Kim Byung-yeon
The author is a chair professor of economics at Seoul National University.
The recent agreement on U.S.-Korea tariff negotiations eased uncertainty surrounding Korea’s security and economy. Both sides recognized that the risks of not compromising were too great. Yet the greatest uncertainty remains the future of the United States. With Seoul’s economy and security now more closely tied to Washington’s, the United States’ trajectory is inseparable from Korea’s own.
Can the U.S. economy recover enough to fend off China’s challenge, or will it quickly decline?
