Kearney, the Chicago-based management consulting firm, says US efforts to reduce reliance on China, as well as price-sensitive American buyers, are driving trade towards lower-cost alternatives in Asia.
“We have a lot of issues that we, together, have to deal with,” US Commerce Secretary Gina Raimondo said after accepting an honorary degree from Brown University on Sunday. “They can all be solved. if you guys get in the game.”
In recent years, the approach to joint statements and the balance of issues has changed at U.S.-Korea summits. The joint statements became more detailed. Economic issues were given more weight in the relationship and North Korea became less prominent.