Commerce locks in Korean steel duties as mills press quota review
Countervailing rates of up to 3.68% land on Seoul producers as U.S. industry groups demand tighter enforcement on alloy imports entering domestic factories.
Trade & Industrial Policy — South Korea
RSSSubsidies, tariffs, export controls and economic-security measures, and how they land on companies. This page covers South Korea.
Korea rejects Russia fuel breach claims as port checks widen
Trade authorities confirmed refined petroleum falls outside current export controls after reports alleged 176,000 tonnes moved…
Bell Textron vets 17 Korean suppliers for helicopter supply chain
South Korea's trade agency opened talks between the US defense prime and local machinists as global aircraft makers face…
Hyundai Steel and POSCO build US plant to bypass Section 232
The Korea Iron & Steel Association endorsed bilateral energy projects on Oct.
Trump Threatens Korea With Tariffs Over $54B Alaska LNG Deal
Washington demands full funding for the Arctic energy corridor while Seoul insists a bilateral agreement covers only preliminary…
Korea Urges USTR to Strictly Honor 15% Bilateral Tariff Cap
Trade Minister Park Jung-sung pressed Washington to prevent new trade measures from breaching the agreed duty limit as Korean…
South Korea court cuts Hanwha Ocean antitrust fine to $560,000
The Supreme Court finalized a ruling reducing a 15.3 billion won penalty by 95% after rejecting antitrust claims over canceled…
Chinese EVs capture 35% Korea market share under 8% tariff
Automakers urged lawmakers at a National Assembly forum to enact domestic production tax credits after shipments from Shanghai…
HD Hyundai Heavy union stages strike over 30% profit sharing
The four-hour walkout threatens delivery schedules at Ulsan docks running above 100% capacity with four years of orders as Seoul…
Korea Customs finds $410 million tariff-rate quota abuse across 10 firms
The agency will tighten declaration deadlines and surcharge caps after 10 food importers evaded 58.6 billion won in taxes by…
Korea tightens cross-border M&A reviews on core industrial technologies
Revisions to the industrial technology act and updated national core technology rosters give regulators direct injunction powers…
Korea tightens export licensing rules on robotics actuator technologyMembers
South Korea mandates end-user vetting for precision motion blueprints, raising compliance duties for robotics ventures seeking…
Korea FTC Targets NXP and Analog Devices Over Chip Distribution Pricing Controls
Antitrust examiners initiate formal proceedings over Ship and Debit margin caps and client allocation in non-memory component…
Korea expands tax credits for artificial intelligence compute infrastructure
Revisions to the Restriction of Special Taxation Act grant up to 25 percent facility credits for high-performance computing…
KFTC opens supply contract probe into tier-one robotics and battery parts
South Korea's antitrust regulator targets unfair price cuts and compulsory technical data disclosures between manufacturing…