Senate Republican floats new tariffs on South Korea
Sen. Bernie Moreno, R-Ohio, is urging US Trade Representative Jamieson Greer to consider imposing tariffs on South Korea over its treatment of Coupang.
U.S. Senator Bernie Moreno, a Republican from Ohio, has proposed new tariffs on South Korea in response to perceived mistreatment of the online retailer Coupang. Moreno's proposal comes after he wrote a letter to U.S. Trade Representative Jamieson Greer, expressing concern over "onerous compliance requirements, excessive monetary fines, criminal prosecution of business executives, and biased regulatory enforcement" in South Korea.
The senator's letter, obtained by Semafor, urges Greer to consider opening an investigation under Section 301, the same trade authority President Donald Trump used to impose tariffs. Moreno's move would complicate trade talks with South Korea, which denies treating Coupang differently than other Korean companies. This proposal adds to the existing tensions between the two nations, following Trump's decision to scale back joint military exercises due to concerns that South Korea is delaying U.S. investments.
Written by urgent.news from Semafor's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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