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Korea

(Daily News)
August 05, 2020

Korean Trade Minister Yoo Myung-hee, a candidate to lead the World Trade Organization, says she knows how to close a trade deal. With the biggest trade deal of them all -- the World Trade Organization -- on the brink, Yoo believes the only way forward is to prove the beleaguered institution can build on successes on its way to reform.


(Daily News)
July 16, 2020

The three director-general candidates to speak to World Trade Organization members on Thursday leaned heavily on their trade and political experience in making the case for their bids to lead the organization out of its crisis.


(Daily News)
June 30, 2020

The U.S. on Monday backed Japan’s invocation of the World Trade Organization national security exception in a dispute with South Korea over semiconductor materials. The U.S. has cited the same provision in challenges to its steel and aluminum tariffs.


(In Trade)
November 19, 2019

The in-quota tariff for rice exports to Korea will be 5 percent and the out-of-quota tariff will be 513 percent.


(Daily News)
November 04, 2019

Citing negotiations with foreign auto companies, Commerce Secretary Wilbur Ross on Sunday said he hopes those talks will “bear enough fruit” so the U.S. does not have to put potential Section 232 measures “fully into effect.”


(In Trade)
September 20, 2019

The U.S. says Korea is failing to abide by the deal's environment chapter by not enforcing the rules of the Commission for the Conservation of Antarctic Marine Living Resources.


(In Trade)
September 18, 2019

“Because that activity may not be visible publicly doesn't mean it's not happening.”


(Daily News)
September 17, 2019

South Korea has challenged export restrictions imposed on Seoul by Japan at the World Trade Organization, escalating an ongoing trade tension between two major U.S. trading partners while the U.S. largely sticks to the sidelines.


(Daily News)
September 05, 2019

Under pressure from the U.S., South Korea is preparing to abandon its status as a developing country at the World Trade Organization, the government said on Wednesday.


(In Trade)
August 21, 2019

South Korean Vice Foreign Minister Lee Tae-ho was set to meet with Assistant Secretary of State for East Asian and Pacific Affairs David Stilwell and Under Secretary of State for Economic Growth Keith Krach.


(In Trade)
August 21, 2019

South Korean Vice Foreign Minister Lee Tae-ho was set to meet with Assistant Secretary of State for East Asian and Pacific Affairs David Stilwell and Under Secretary of State for Economic Growth Keith Krach.


(Daily News)
August 09, 2019

A U.S. official on Wednesday called for Japan and Korea to do some “soul searching” amid flaring tensions between the two countries, while Japan on Thursday approved its first export licenses for chemicals used in tech products headed to South Korea after imposing export restrictions last week.


(Daily News)
August 06, 2019

While an escalating trade fight between Japan and South Korea is already affecting U.S. supply chains, the Trump administration has yet to show definitively whether it plans to intervene -- though industry officials and analysts say they would like to see the U.S. do so.


(In Trade)
July 31, 2019

The request will be heard at a special DSB meeting on Aug. 9.
 


(In Trade)
July 23, 2019

“I plan to explain to all those involved that Japan's measure affects the global economy, with implications for all products that use semiconductors.”


(In Trade)
July 12, 2019

“Japan’s trade-restrictive measures could not only hurt Korean enterprises but also disrupt the global supply chain.”


(In Trade)
July 09, 2019

The U.S. says Korea's Fair Trade Commission, which handles antitrust issues, denies U.S. companies “due process rights under the agreement that are necessary to secure a fair competition hearing.”


(In Trade)
June 24, 2019

The company says the “current safeguard remedy is imposing a cost of approximately $1.5 billion each year on consumers.”


(Daily News)
January 31, 2019

South Korean Trade Minister Kim Hyun-ching and representatives from a major Korean auto group are in Washington, DC, this week for meetings with U.S. lawmakers and government officials to reiterate Seoul's opposition to the Section 232 auto probe.


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