U.S.-Korea Relations
Trump threatens 25% tariff hike on South Korean goods over trade deal delays amid Coupang tensions
Rapporteret af AI Billede genereret af AI
U.S. President Donald Trump announced plans to raise tariffs on South Korean automobiles, pharmaceuticals, lumber and other goods from 15 percent to 25 percent, citing delays in Seoul's implementation of a bilateral trade deal. Republicans have linked the move to South Korea's probe into U.S.-listed e-commerce firm Coupang, though Trump later signaled room for negotiation. Seoul denies any connection and is dispatching officials for talks.
South Korea and the United States launched the Korean Investment and Travel Desk at the U.S. Embassy in Seoul to streamline visa procedures for Korean investors, following the detention of over 300 Korean workers in a Georgia immigration raid. The initiative aims to clarify visa rules and reduce entry uncertainties for skilled employees. Subcontractors will now apply through prime contractors like Samsung and SK.