Sen. Bernie Moreno, R-Ohio, has written a letter to US Trade Representative Jamieson Greer urging him to consider imposing tariffs on South Korea over its treatment of the online retailer Coupang. Moreno claims that Seoul is conducting a "campaign of open hostility" towards foreign businesses, citing issues such as excessive fines and biased regulatory enforcement. He requests an investigation under Section 301, which was also used by President Donald Trump to impose tariffs in the past. If this happens, it would further damage trade talks with one of America's key allies and add to existing tensions between the two countries.
| Signal | Value | Weight |
|---|---|---|
| Correction rate | 0.000 | 0.4 |
| Uncertainty density | 0.090 | 0.25 |
| Assertive mismatch rate | 0.000 | 0.35 |