As tensions mount in the trade landscape, former President Donald Trump’s Section 301 threat casts a long shadow over U.S.-Korea relations, raising concerns about the potential for renewed tariffs and trade disputes. The Section 301 provision, which allows the U.S. to impose tariffs on countries that engage in unfair trade practices, has long been a contentious tool in America’s economic arsenal. While experts warn of the potential ramifications for various sectors,especially in the realm of technology and automobiles,analysts are cautiously optimistic that key industries—specifically semiconductors and automotive manufacturing—may remain largely insulated from the impact of these threats. This article delves into the implications of Trump’s renewed trade rhetoric, assessing the vulnerabilities and strengths of the Korean economy in the face of shifting geopolitical dynamics.
Implications of Trump’s Section 301 Threat on South Korea’s Economic Landscape
The…
Source link : https://usa-news.biz/2026/02/24/business/trumps-section-301-threat-casts-shadow-over-korea-yet-chips-and-autos-largely-unscathed/
Author : Victoria Jones
Publish date : 2026-02-24 15:13:00
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