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Briefings South Korean exporters face new tariffs under US steel and aluminum rulesNon-preferential origin rules expose exporters to duties even if goods meet Korea-US Free Trade Agreement standards South Korea’s customs authority on Wednesday warned exporters that products recognized as Korean under the Korea-U.S. Free Trade Agreement (KORUS FTA) may still face U.S. tariffs due to stricter American rules of origin. The Korea Customs Service (KCS) released new guidance to help companies understand how the U.S. determines product origin under Section 232 of its Trade Expansion Act, which allows for tariffs based on national security concerns. The announcement comes as the U.S. expands its list of tariffed items. On Monday, Washington added refrigerators, washing machines and other home appliances to its Section 232 measures, bringing the total number © Korea Risk Group. All rights reserved. |





