US lawmaker warns of consequences for hostile actions against US firms after Seoul talks

US Republican lawmaker Rep. Darrell Issa warned of 'consequences' for state-sponsored hostile actions against American companies following a meeting with South Korea's Trade Minister Yeo Han-koo. The remarks come amid US concerns over Korea's regulatory scrutiny of e-commerce giant Coupang Inc. after a massive data leak. Issa criticized the Korean government's treatment of Coupang as unfair.

WASHINGTON — US Republican Rep. Darrell Issa (R-CA) stated on Monday that there are "consequences" for state-sponsored "hostile actions" toward American companies after meeting South Korea's Trade Minister Yeo Han-koo on Jan. 12. The discussion focused on US concerns regarding Korea's regulatory efforts on online platforms and the data leak incident involving Coupang Inc., a US-listed e-commerce firm.

In a post on X, Issa wrote: "My bottom line: There are consequences for state-sponsored hostile actions towards American companies and American citizens." He noted that during a "good" discussion with Yeo, he made clear that the "unjustified targeting of American technology companies and unfair treatment of Coupang by the Lee administration are not acceptable, especially from a friend of 70 years."

Issa added: "Korea is a vital ally, but I will work with my colleagues in Congress and the Trump Administration to ensure that U.S. companies are not mistreated, that American exporters have access to foreign markets, and that countries like Korea keep the commitments they have made in recent trade and investment agreements."

Yeo's trip followed the US State Department's expression of "significant concerns" last month over a revision to the Information and Communications Network Act, aimed at tackling false online information but criticized for potentially affecting US online companies. Coupang faces public scrutiny in Korea after revelations that about 33 million customer accounts were accessed in the data leak, exposing names, phone numbers, email addresses, and other details.

In a separate post, Rep. Scott Fitzgerald (R-WI) expressed being "appalled" at the Korean government's call for criminal charges against Coupang's US executives, calling it a "politically motivated witch hunt." He said: "The United States government will continue to pursue measures to hold the Korean government accountable for their disturbing treatment of American companies." The incident underscores tensions in US-Korea trade relations.

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South Korea's Trade Minister Yeo Han-koo met with U.S. lawmakers and officials in Washington this week to address concerns over the country's investigation into a massive data breach at Coupang, warning against the issue turning into a trade dispute between the two nations. Yeo emphasized that the probe is being conducted in line with relevant laws and should not be viewed as a trade matter. Coupang, a U.S.-listed company, experienced a leak of personal data from about 34 million customers late last year.

South Korea's Trade Minister Yeo Han-koo departed for Washington on January 11, 2026, following the trade ministry's recent announcement of intensified U.S. outreach. The trip aims to explain Seoul's policy on revisions to its network act curbing false online information, amid U.S. worries over impacts on platforms and free expression.

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Two U.S. investors have petitioned the U.S. government for an investigation into alleged discriminatory treatment of Coupang by South Korean authorities and notified Seoul of intent to file arbitration claims. Coupang denied any involvement in the petition. The South Korean government refuted claims of discrimination against the company.

The South Korean government announced on December 18 that it will form an interagency task force to handle the recent large-scale data breach at e-commerce giant Coupang. The task force will share information from police and government investigations and discuss ways to strengthen the company's accountability. Coupang confirmed last month that personal information from 33.7 million customer accounts was compromised.

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South Korea's Fair Trade Commission chief Ju Byung-gi stated in a radio interview that a temporary suspension of e-commerce giant Coupang's operations is possible amid an ongoing data breach investigation. This measure could be taken if remedies for affected consumers prove insufficient. The science ministry criticized Coupang's internal probe as one-sided.

Police conducted a second day of raids at e-commerce giant Coupang's headquarters over a massive data breach affecting 33.7 million customers. The suspect is a former Chinese developer who worked on the company's authentication system. Prime Minister Kim Min-seok described the incident as 'beyond serious' and vowed strict action.

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As fallout from Coupang's massive data breach widens, more U.S. law firms are investigating potential securities law violations. The incident exposed personal data of tens of millions of users, leading to stock declines and executive resignations. Investor scrutiny is intensifying amid questions over transparency.

 

 

 

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