Despite having a Free Trade Agreement (FTA) with the United States, Korea is subject to a higher tariff of 26% compared to Japan. Why is that so?Korea will be subject to a higher tariff rate of 26% compared to Japan!
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The non-monetary trade restrictions imposed by South Korea are the worst!Korea manipulates the exchange rate, supports exports with subsidies, and steals our intellectual property!
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Non-Tariff Barriers in Korea
1. American car companies can't do this in Korea, 2. American bio companies can't do that in Korea...etc.The United States has identified South Korea's complex certification procedures and regulations as 'non-tariff barriers'. Due to Korea's regulations, it is difficult for American cars to enter the Korean market, and the trade deficit is deepening.Trade deficit of the United States with South Korea
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513%? Imposing such a high tariff on rice... why on earth?The United States announces a 513% tariff rate on rice imports.
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Mr. President, Korea is increasing its export competitiveness by suppressing domestic consumption, aiding environmental pollution, and implementing policies to suppress workers' wages. These policies are creating an unfair trade relationship with the United States.U.S. President's Economic Advisor(Should we slap a tariff on rice?.....)
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The United States will no longer be swayed by unfair trade! We demand fair competition, and we will protect the interests of the United States!The result....
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