Feb 25 • 09:05 UTC 🇰🇷 Korea Hankyoreh (KR)

Could Coupang CEO’s closed-door House deposition trigger Section 301 probe of Korea?

The interim CEO of Coupang, Harold Rogers, testified before a closed-door House meeting regarding a significant information leak and its implications for US-Korea trade relations.

Harold Rogers, the interim CEO of the e-commerce giant Coupang, testified in a closed-door deposition before the US House of Representatives concerning a major information leak and the South Korean government's handling of the incident. This deposition is crucial as it may result in legislative actions impacting US businesses operating in Korea, particularly if the inquiry uncovers discriminatory practices against them.

The session, held at the House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust, focused on assessing whether any actions taken by the South Korean government could be classified as unfair or discriminatory towards US enterprises. Observers have noted the importance of the outcome, particularly in the context of current trade discussions and the broader implications for bilateral relations between the US and South Korea.

As the testimony concluded without immediate comments from Rogers or the committee, analysts are closely monitoring the situation for potential Section 301 investigations, which could escalate tensions and affect trade policies. The repercussions of these developments could significantly shape the future of US-Korea trade relations, depending on the findings and subsequent actions taken by the US Congress.

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