South Korea Rejects U.S. Congressional Allegations of Discrimination Against Coupang, Amidst Strained U.S.-Korea Relations and Pressure from Potential U.S. Tariffs
Sources indicate that the South Korean government has rejected accusations from the U.S. Congress regarding discrimination against American e-commerce giant Coupang, leading to strained relations between the two countries. A report by U.S. House Republicans accused the South Korean government of launching an "unprecedented assault" on Coupang following a data breach incident, including threats of criminal charges and record-breaking privacy fines. Last week, U.S. Senator Bernie Moreno sent a letter to the U.S. Trade Representative, calling for a formal investigation into South Korea and potential additional tariffs. Previously, Coupang investors had also petitioned for a Section 301 investigation. Officials noted that if the dispute continues, the U.S. might take retaliatory measures against South Korea, including additional tariffs.
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