Tag: Tariff

Tariff

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Steel products are seen piled up at a port in Pyeongtaek, Gyeonggi, on April 3.

Tariff waiver intended to protect steel exports creates loophole for Chinese plates to skirt antidumping duties

Bonded imports — shipments not subject to fees and taxes until, or if, they are sold domestically — is allowing steelmakers to avoid paying duties.

2026.9.11

(서울=뉴스1) 김명섭 기자 = 구윤철 경제부총리 겸 재정경제부 장관이 28일 오전 서울 종로구 세종대로 정부서울청사에서 열린 비상경제본부 희의 겸 경제관계장관회의 겸 민생물가 특별관리 관계장관 TF에서 모두 발언을 하고 있다. 2026.8.28/뉴스1

Korea revives CPTPP bid as trade risks mount

The government has launched public consultations on joining the Pacific trade pact, despite strong opposition from agriculture and fisheries groups.

2026.8.28

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Korea to impose antidumping tariffs on Thai seamless copper pipes

Seoul will impose antidumping duties of 4.9 to 8.4 percent on Thai seamless copper pipes starting Sept. 11.

2026.8.21

'천마총 금관 모형'과 한미 정상 (경주=연합뉴스) 한상균 기자 = 이재명 대통령이 29일 경북 경주박물관에서 도널드 트럼프 미국 대통령에게 '천마총 금관 모형'을 선물한 뒤 악수하고 있다. 2025.10.29 [대통령실통신사진기자단] xyz@yna.co.kr/2025-10-29 15:56:57/

U.S. memory chip demands throw wrench into Korea's investment plans as trade friction spills into security

The White House's tariff threat may rear its head once again as Washington "moves the goalposts" in ways that put strain on initiatives in Korea.

2026.8.18

Industry Minister Kim Jung-kwan listens to reporters' questions after his arrival at Washington Dulles International Airport in Virgina on Aug. 16.

Seoul races to finalize $200 billion U.S. plan

The Ministry of Trade, Industry and Resources is seeking to settle last-minute issues in a $200 billion U.S. investment plan amid mounting tariff pressure from Washington.

2026.8.17

Industry minister again heads for Washington amid growing U.S. tariff pressure

Industry Minister Kim Jung-kwan visits Washington as Seoul faces pressure over investment commitments and potential new U.S. tariffs.

2026.8.16

U.S. President Donald Trump talks to reporters after arriving on Air Force One on Aug. 11 at Joint Base Andrews.

Korea faces 15% U.S. drone tariff

U.S. President Donald Trump ordered a 100 percent ad valorem tariff on certain drones, docking stations and critical components but capped the rate for imports from Korea and other allies at 15 percent.

2026.8.14

Korea scrambles to assess fallout from new U.S. polysilicon tariffs

Government officials and major companies met to gauge the impact of Washington’s 15 percent polysilicon tariffs and prepare support measures for exporters and U.S.-based supply chains.

2026.8.11

Majority of Koreans still see U.S. ahead of China despite strains in alliance, survey finds

Over 57 percent of respondents did not agree that China will become the global leader, but nearly half took issue with Seoul’s response to Washington’s demands.

2026.8.11

Trump signs proclamation imposing 15% tariff on polysilicon derivative products

The proclamation, set to take effect at 12:01 a.m. on Dec. 4, also includes imposing minimum import prices on polysilicon and its derivatives.

2026.8.7