Trade minister discusses measures addressing U.S. forced labor-linked tariffs (opens original article in a new tab)

South Korea's trade minister met with officials to discuss countermeasures against U.S. proposed tariffs on products from 60 countries over forced labor concerns, with South Korea facing a 12.5% tariff.

• South Korea's trade minister discussed countermeasures against U.S. proposed tariffs on products from 60 countries over forced labor concerns.
• The U.S. Trade Representative proposed 10% or 12.5% tariffs on goods from countries failing to enforce import bans on forced labor products.
• South Korea faces a 12.5% tariff and is working to enhance business competitiveness and diversify export markets.