Coupang’s aggressive lobbying of US government agencies—including the White House NSC—has influenced US-South Korea trade talks, as the e-commerce giant seeks to counter South Korean digital regulations and position itself as a key supply chain platform for US small businesses in Asia.
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[New York Now]Why Is Coupang Lobbying All the Way to the White House NSC?
Coupang’s aggressive lobbying of US government agencies—including the White House NSC—has influenced US-South Korea trade talks, as the e-commerce giant seeks to counter South Korean digital regulations and position itself as a key supply chain platform for US small businesses in Asia.
The US has finalized tariff reductions on key South Korean exports, including a 15% rate on autos and duty-free status for aircraft, removing uncertainty for exporters and easing trade tensions.
#YonhapInfomax #TariffReduction #Automobiles #Aircraft #USKoreaFTA #ExportUncertainty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=93851
US Official Gazette Confirms 15% Tariff on Autos, Duty-Free Status for Aircraft—'Uncertainty Removed'
The US has finalized tariff reductions on key South Korean exports, including a 15% rate on autos and duty-free status for aircraft, removing uncertainty for exporters and easing trade tensions.
South Korea's presidential office has firmly denied any further opening of the agricultural market in its recent tariff agreement with the US, countering US claims and emphasizing that no additional concessions were made beyond existing FTA terms.
#YonhapInfomax #KangHoonSik #AgriculturalMarket #TariffAgreement #USKoreaFTA #PresidentialOffice #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=88420
Kang Hoon-sik Says 'No Further Opening of Agricultural Markets—Let Me Be Clear'
South Korea's presidential office has firmly denied any further opening of the agricultural market in its recent tariff agreement with the US, countering US claims and emphasizing that no additional concessions were made beyond existing FTA terms.
[Corporate Tidbits]'15% Tariff' Debate Settled—Hyundai Motor CEO Munoz Receives Praise
Hyundai Motor CEO José Muñoz welcomed the US-Korea 15% auto tariff deal, citing improved predictability, as Hyundai and Kia cut annual tariff costs by $3.3 billion.
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