Korean War regained "Line Kansas", just north of the 38th parallel. The UN's "Line Kansas" halt and subsequent offensive action stand-down began the stalemate that lasted until the armistice of 1953. For the remainder of the Korean War the UN Command and the PVA fought but exchanged little territory, as the stalemate held. Large-scale bombing of North Korea continued, and protracted armistice negotiations began 10 July 1951 at Kaesong. On the Chinese side, Zhou Enlai directed peace talks, and Li Kenong and Qiao Guanghua headed the negotiation team. Combat continued while the belligerents negotiated; the goal of the UN Command forces was
Impact of the Korean War on the economy of the United States tensions with the Soviet Union, the Korean War further increased it. The Korean War cost the US$30 billion in 1953, which is equivalent to US$341 billion in 2011. During the last year of the war, annual war expenditure comprised about 14.1 percent of GDP. Approximately 34,000 Americans were killed in battle and about another 2,800 died from disease or injury, with total US casualties, which includes dead, wounded, and missing in action, adding up to 139,860. The "Korean War GI Bill" was implemented in 1952, eventually covering veterans between June 27, 1950 and February 1, 1955. It offered the same