Search results for Section 301
Games & Commerce
Coupang dispute raises risk of U.S. tariff pressure on South Korea
A dispute involving Coupang is raising the possibility that U.S. pressure on South Korea could expand to additional tariffs. CNBC reported that U.S. congressional officials and people around Coupang see potential responses by Congress or the White House if the row drags on. The issue centers on South Korea’s response after a personal data leak case. U.S. politicians have urged a formal probe and tariff review, while both sides dispute the leak’s scale and related actions.
Industry
South Korea ousts trade chief Yeo Han-koo, disruption to U.S. talks likely
South Korea has dismissed Yeo Han-koo (여한구), the official overseeing working-level trade negotiations with the United States, as of midnight on Aug. 15, the Ministry of Trade, Industry and Energy said. The ministry did not disclose the reason and declined to explain the background. The dismissal comes as the United States has imposed a 12.5 percent tariff on South Korea under Section 301 and is conducting an additional tariff probe, while Seoul seeks to keep combined rates below 15 percent.
Industry
Memory prices at $45 drive 178.8% jump in semiconductor exports
Rising memory prices pushed South Korea\'s semiconductor exports above $40 billion for a second straight month. The Ministry of Trade, Industry and Energy said July semiconductor exports rose 178.8% from a year earlier to $41.01 billion, the second-highest monthly total on record after June\'s $44.8 billion. Total exports climbed 62.8% to $98.89 billion and the trade balance recorded a $30.32 billion surplus.
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Industry
South Korea says U.S. sets 12.5% \'forced labor\' tariff; next is overproduction
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Industry
Korea passes special act to underpin U.S. investment deal
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Industry
Trump launches Section 301 probe into 16 economies, cites evidence of overcapacity in South Korea
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General News
Coupang U.S. shareholders withdraw USTR Section 301 petition
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Opinion
Rising Trump uncertainty means companies need \'tariff insurance\'
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Finance
South Korean stocks shaken by U.S. Supreme Court ruling on reciprocal tariffs
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Industry
MOTIE holds emergency meeting on U.S. tariff ruling, seeks close talks to keep friendly consultations
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Industry
U.S. global tariff raised to 15 percent; Trump says new tariffs within months
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General News
Three U.S. Coupang shareholders join legal challenge against South Korean government