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Trump Tariff Hike to Raise U.S. Drug Prices by Up to 20%

The Trump Tariff policy is shaking the pharmaceutical market, with drug prices projected to rise by 15–20% if tariffs are fully imposed. The pharmaceutical industry,...

Korean-American Construction Faces Rising Costs Amid Tariffs

  The Korean-American construction industry is struggling with rising material and labor costs. New tariffs and stricter immigration enforcement have worsened the situation. Tariffs Drive Up...

South Korea Political Crisis Delays Key U.S. Policy Talks

Frank Jannuzi, President of the Mansfield Foundation, has raised concerns over South Korea’s political instability, warning that its leadership vacuum is affecting diplomatic engagement...

Diplomatic Survival Strategies: Lessons from Ukraine

On February 28, a high-stakes summit between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky ended in failure. The breakdown exposed the stark...

Trump’s ‘no exemption’ tariff policy puts Korea’s key exports in jeopardy

U.S. President Donald Trump’s "America First" policy now extends to nontariff barriers, dampening Korea's hope of avoiding the anticipated reciprocal duties thanks to the...

Las Vegas MAGIC Show kicks off, Korean-American business seek new opportunities

The largest apparel trade show in the U.S., the Las Vegas MAGIC Show, opened on February 10 at the Las Vegas Convention Center. With...

Challenges and opportunities stand for 2025 outlook for U.S. economy amid new policies

By Sung Won Sohn The author is professor of finance and economics at Loyola Marymount University and president of SS Economics. He was executive vice...

Trump’s new tariffs spark fears of surging costs for food, autos, and everyday goods

Concerns are mounting that the tariffs imposed by President-elect Donald Trump will lead to higher prices for food and household goods. The U.S. is...

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