As Korea’s domestic demand is on the decline, a fall in exports will throw the country out of the frying pan into the fire.
Washington has apparently understood the criticism that one cannot forget his old friends when battling a big opponent.
As the Federal Reserve is clearly raising its benchmark interest rate and the U.S.-China trade war is intensifying, anxiety is spreading in Korea.
The door to peace on the Korean Peninsula ... should not be closed by wasteful confrontation between the two sides.
The government should prove to the international community that the North Korean sanctions are being carried out.
If we look at why the U.S. waged a trade war and how China is fighting back, we can predict its future direction.
To end the impasse over North Korea’s denuclearization, Washington and Pyongyang should be serious about having working-level talks.
With neither player willing to back down, it is worrisome as to where this game of economic chicken is heading.