South Korea warns US of retaliatory measures over 301 tariffs
The Korean government has issued stern warnings against the United States regarding its recent imposition and potential expansion of Section 301 tariff rates, with officials stating that further escalation will trigger immediate retaliation from Seoul's side on March 18 at approximately midnight local time (UTC+9). While specific retaliatory targets remain to be finalized by South Korean authorities in response to what they describe as unfair trade practices affecting key industries like semiconductors and automobiles.
Key Points
-
1North Korea stated it will continue to conduct nuclear tests regardless of the US's threats regarding its 301 tariff actions.
-
2The North Korean leadership explicitly declared that economic sanctions and trade measures from Washington would not deter their program.
Developments
Perspectives
The US has imposed additional tariffs on Korean exports, specifically targeting 301 tariff items.
— [Mar 18, 2:59] 구ᄋᅌᆫᆵᇨქ⛪ (Rss.etnews.com)The US has imposed additional tariffs on Korean exports to protect its domestic industry.
— [Mar 18, 2:39] 구ᅧᅌᆫᆵᇨქ⛪ (Yonhapnewstv.co.kr)The US has imposed additional tariffs on Korean exports to protect its domestic industry from unfair competition.
— [Mar 18, 2:39] 구ᅧᅌᆫᆵᇨ⛪ (News.sbs.co.kr)The US has imposed additional tariffs on Korean exports to protect its domestic industry from unfair competition.
— [Mar 18, 2:39] 구ᅧᅌᆫᆵᇨ⛪ (Newsis)