Urgent.News

What's breaking now, across thousands of outlets.

More in World

U.S. Think Tank Urges Trade Response Over Korean Fines

A U.S. think tank pointed out that the Korea Fair Trade Commission has imposed penalty surcharges on U.S. companies that are on average 21 times higher than those on domestic companies, and urged the…

  • U.S. think tank ITIF raises concerns over Korea's higher penalty surcharges on U.S. firms.
  • 96.5% of total penalty surcharges targeted Qualcomm, Google, and Coupang.
  • Section 301 of U.S. Trade Act could trigger trade countermeasures against Korea.

More from Wednesday 21 October →