• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • KORUS

    The United States Needs Fair Referees for International Disputes

    Last night’s BCS Championship game pitted the Auburn Tigers from the Southeastern Conference (SEC) against the Oregon Ducks from the Pac-10. To guard against biases that could have influenced the game’s outcome, officials were provided by the Big 10. If football-crazed fans from Auburn and Oregon can understand why referees … More

    South Korea–U.S. Trade Deal: Better Late Than Never

    When the proposed South Korea–U.S. Free Trade Agreement (KORUS) was initially signed on June 30, 2007, Heritage Foundation analysts recognized significant benefits that would come from implementation of this landmark trade deal. Those benefits included more exports, more export-related jobs, and a stronger economy. As the Obama Administration has pointed … More

    South Korea Trade Pact: More Important Than Ever

    The economic case for the South Korea–U.S. Free Trade Agreement (KORUS) has been variously described as a “slam dunk,” a “pareto-optimal solution,” and “an easy ‘yes.’” However, aside from the economic arguments for KORUS, recent events in the Korean peninsula make approval of the agreement more important than ever. On … More

    The Obama Administration’s Self-Destructive Trade Policy

    Following the shocking inability of U.S. and South Korean trade negotiators to reach agreement on changes to a proposed Korea–U.S. Free Trade Agreement (KORUS), the biggest question was whether the failure was due to a conscious decision by President Obama or to stunning incompetence. However, if negotiators had managed to … More

    America Declines To Lead

    20 people with very different backgrounds are unlikely to reach consensus on anything substantial. To forge such a consensus requires leadership. This week’s G-20 meetings produced nothing of substance, which is no surprise because the United States did not lead. First, let’s dispense with the idea that America can’t lead. … More

    Rep. Peter Roskam (R-IL) on Trade: President Obama Needs to Lead

    This fall the left ran millions of dollars worth of ads demonizing free trade and “foreign money.” Now President Barack Obama is in Asia negotiating the U.S. free trade agreement (KORUS) with South Korea. The case for KORUS should be a slam dunk. The U.S. International Trade Commission estimates that … More

    Guest Blogger Rep. Ed Royce (R-CA): Obama Must Conduct the KORUS

    Responding to North Korea’s torpedoing of a South Korean warship in March, I blogged a series of recommendations – one being that we should ratify the long shelved Korea-US Free Trade Agreement (KORUS). It has many economic benefits, and would demonstrate “no retreat by the U.S. from Northeast Asia,” I … More