『South Korea Tariff News and Tracker』のカバーアート

South Korea Tariff News and Tracker

South Korea Tariff News and Tracker

著者： Quiet. Please
無料で聴く

このコンテンツについて

 This is your South Korea Tariff Tracker podcast.

Dive into the dynamic world of international trade with "South Korea Tariff Tracker," your daily source for the latest news and updates on tariffs imposed on South Korea by the United States. Stay informed as we explore the impact of these trade policies on the global economy, featuring expert analysis and insightful discussions. Whether you're a business professional, policymaker, or simply curious about international relations, "South Korea Tariff Tracker" keeps you ahead with timely, relevant information. Tune in daily to understand how these tariffs shape economic landscapes and influence global trade dynamics.

For more info go to

https://www.quietplease.ai


Or check out these deals
https://amzn.to/3FkjUmwCopyright 2025 Quiet. Please 政治・政府 政治学 旅行記・解説 社会科学
エピソード
  • US Imposes 25 Percent Tariff on South Korean Exports Shocking Automotive Semiconductor and Steel Industries

    US Imposes 25 Percent Tariff on South Korean Exports Shocking Automotive Semiconductor and Steel Industries
    2025/05/15
    Welcome back, listeners, to the latest edition of the South Korea Tariff News and Tracker. It's May 15, 2025, and we have significant developments in the tariff landscape between South Korea and the United States—news that’s sending ripples through global trade and impacting multiple sectors at home and abroad.

    On April 9, the United States enacted a 25 percent tariff on South Korean exports, a substantial increase that marks the highest rate ever imposed on a U.S. Free Trade Agreement partner, even outpacing Japan’s 24 percent and the European Union’s 20 percent. According to Source of Asia, South Korean companies, accustomed to smooth trade since the 2007 FTA, are now facing a dramatically altered business environment. The tariffs have sent shockwaves through South Korea’s key industries, with the automotive, semiconductor, and steel and aluminum sectors at the forefront of the disruptions.

    Hyundai and Kia, two of South Korea’s most prominent automakers, accounted for $34.7 billion in vehicle exports to the U.S. last year—nearly half of the nation’s total automotive exports. These companies are now not only facing the 25 percent general tariff but are also grappling with additional threats of tariffs on specific vehicle imports that could soar as high as 200 percent, according to Source of Asia. The impact on their supply chains is immediate and considerable, as South Korean automakers rely heavily on imported parts to assemble vehicles at their American plants. Hyundai, for example, sources about 12 percent of its parts locally in North America, while Kia sources up to 20 percent, as highlighted by the Korea Economic Institute of America.

    The situation is particularly adverse, given that new tariffs land just as Hyundai Motor Group celebrates opening its third U.S. production facility in Georgia—a $7.6 billion investment aimed at expanding electric vehicle production. This move was quickly followed by an announcement of an additional $21 billion to be invested in the United States, with $9 billion earmarked for car production and $6.1 billion for the steel industry, which is also now subject to the new 25 percent duty.

    The Trump administration’s protectionist stance is reshaping not only bilateral trade but also wider diplomatic and economic alliances. According to Yonhap News, there was initially confusion when the White House announced a reciprocal tariff rate of 26 percent for South Korea before correcting it to 25 percent after urgent diplomatic outreach from Seoul, which argued that every percentage point makes a significant difference given South Korea's large export volume.

    Meanwhile, the White House has emphasized a new “baseline” 10 percent tariff on all imports, with reciprocal tariffs targeting individual countries for what the administration sees as unfair trade practices. The New York Times reports these tariffs are additional to measures from Trump’s first term, amplifying pressure not just on China—which now faces a combined 104 percent tariff—but also on traditional allies like South Korea.

    As the U.S.-South Korea trade relationship navigates these turbulent times, there is uncertainty whether new agreements will eventually supplement or replace the existing FTA. Korean business leaders and government officials are actively engaging with Washington, seeking to mitigate the most severe effects through new investment commitments and ongoing negotiations.

    Thank you for tuning in to the South Korea Tariff News and Tracker. Don’t forget to subscribe for the latest updates and insights. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    4 分
  • US Imposes Heavy Tariffs on South Korean Exports Sparking Trade Tensions and Potential Economic Challenges

    US Imposes Heavy Tariffs on South Korean Exports Sparking Trade Tensions and Potential Economic Challenges
    2025/05/11
    The recent weeks have seen significant developments in trade relations between the United States and South Korea, particularly regarding tariffs. On April 9, 2025, the U.S. introduced a 25% tariff on South Korean exports, marking a substantial shift in their trade dynamics. This move has placed South Korean businesses under considerable pressure, especially in key sectors such as automotive, semiconductors, and steel & aluminum.

    The automotive sector is one of the hardest hit, with Hyundai and Kia facing tariffs as high as 200% on certain vehicle imports. South Korea exported nearly half of its automotive output to the U.S. in 2024, with passenger vehicles accounting for a significant portion of its total exports. Despite these challenges, Hyundai recently opened a major electric vehicle plant in Georgia, showcasing ongoing investment despite tariff obstacles.

    However, on April 10, 2025, the U.S. administration announced a broader policy change: a flat 10% tariff on imports from all countries, with exceptions for China and Hong Kong, which face higher rates. This adjustment has complicated South Korea's situation, as initial reports indicated a higher rate, but it was later revised.

    President Trump's trade policies have been part of a wider strategy aimed at pressuring countries like South Korea, Japan, and Vietnam to align with U.S. positions on China. However, these efforts seem to be backfiring, as they have instead strengthened regional cooperation and criticism of U.S. protectionism.

    In another significant development, experts warn that Trump's tariff plans might undermine the U.S.-South Korea alliance, especially during ongoing discussions about cost-sharing for U.S. troops stationed in South Korea.

    Thank you for tuning in to this episode of "South Korea Tariff News and Tracker." Don't forget to subscribe for the latest updates on trade relations between South Korea and the United States. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    2 分
  • US Imposes Massive 25 Percent Tariff on South Korean Exports Shocking Global Trade Landscape in 2025

    US Imposes Massive 25 Percent Tariff on South Korean Exports Shocking Global Trade Landscape in 2025
    2025/05/08
    Welcome to South Korea Tariff News and Tracker, your go-to source for the latest on trade tensions, tariff developments, and headline stories affecting South Korea and its vital relationship with the United States.

    As of early May 2025, the United States under President Donald Trump has executed a dramatic overhaul of its tariff policies, shaking global trade and placing new, heavier burdens on South Korean exporters. On April 9, U.S. authorities officially imposed a 25 percent tariff on all South Korean exports to the U.S.—a significant escalation from the baseline 10 percent tariff now applied to most countries. This move follows Trump’s announcement at a Rose Garden event dubbed “Liberation Day,” where he revealed sweeping reciprocal tariffs targeting countries deemed to have unfair trade practices or significant trade barriers. South Korea’s 25 percent tariff lands just above Japan’s 24 percent and the European Union’s 20 percent, but is lighter compared to Vietnam at 46 percent or China, where combined new and prior measures now reach a staggering 104 percent according to The Chosun Ilbo and Korea Herald.

    The rapid policy changes also came with confusion, as initial U.S. executive order documents listed a 26 percent rate for South Korea. After urgent negotiations by Seoul officials with the U.S. Commerce Department and U.S. Trade Representative, the final rate was confirmed at 25 percent. While a single percentage point might seem minor, South Korea’s substantial export volume means even small changes could result in billions of dollars in additional duties, as Yonhap News Agency reports.

    Until recently, South Korea enjoyed largely duty-free access to the U.S. market thanks to the 2007 bilateral Free Trade Agreement. The new tariffs signal a major policy reversal and have sent a shockwave through South Korea’s export-driven economy. Car manufacturers like Hyundai and Kia, which sold 1.7 million vehicles in the U.S. in 2024, are expected to feel the pinch, especially since about a million of those vehicles are shipped from Korea or Mexico, while many auto parts are imported from Korea for assembly in U.S. factories, as outlined by the Korea Economic Institute of America.

    Meanwhile, President Trump’s administration maintains that these tariffs are justified responses to what he calls “unfair barriers” and currency manipulation, though experts question the accuracy and methodology behind the reciprocal rates and the broader impacts on global supply chains.

    South Korean officials continue to lobby for relief, but as of today, South Korea’s exporters face a tough reality: higher costs, imminent disruptions in industries like automobiles and steel, and uncertain ground for future trade negotiations. With these dramatic shifts, all eyes remain on how the South Korean government and exporters will adapt, and whether future rounds of talks might bring relief or further escalation.

    Thanks for tuning in to South Korea Tariff News and Tracker. Don’t forget to subscribe so you never miss an update on the policies shaping the Korean and global economy. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    3 分

South Korea Tariff News and Trackerに寄せられたリスナーの声

カスタマーレビュー：以下のタブを選択することで、他のサイトのレビューをご覧になれます。

Audible.co.jp

Amazon.co.jp
レビューはまだありません。