2026-08-27 · Semafor
🔮 “Seoul is currently conducting a campaign of open hostility toward foreign enterprises,” Moreno writes Thursday in a letter to Greer, shared first with Semafor, that cites “onerous compliance requirements, excessive monetary fines, criminal prosecution of business executives, and biased regulatory enforcement.”
Moreno requests in the letter that Greer consider opening an investigation under Section 301, the same trade authority President Donald Trump invoked to impose tariffs.
Doing so would further derail trade talks with one of America’s staunchest allies, which denies treating Coupang differently than Korean companies. assertive