Korea 12.5 percent tariff

US Section 301 Forced-Labor Tariff Takes Effect, Korea Set at 12.5% — 60 Countries Hit

The US has imposed Section 301 forced-labor tariffs on 60 countries, including Korea at 12.5%. Here's the background and what it means for Korean exporters. The Section 301 tariff previewed in our earlier posts is now official. On July 23 (loca…

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