cnbc.com

Coupang dispute sparks U.S.–Korea tariff pressure fears

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Sig3.28Sen-4.38Env0.00Soc-1.41Gov-5.20

South Korea’s dismissal of a House Judiciary report accusing it of a targeted campaign against Coupang is straining ties with the U.S., according to people close to the company and officials. Lawmakers warn retaliation—including potentially higher tariffs—if the dispute drags on. The report alleged an unprecedented offensive over a data breach, held hearings, threatened criminal charges against the interim CEO, and imposed a record privacy fine.

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