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South Korea's customs policy following the U.S. Supreme Court ruling—affirming its commitment to trade agreements
Last month, the U.S. Supreme Court invalidated the tariffs imposed under President Trump’s emergency powers. In this legal turning point, the Korean government clarified its stance on Korea’s tariff policy regarding the comprehensive trade agreement between South Korea and the United States.
What the U.S. Supreme Court ruling means
The tariffs introduced by President Trump using emergency powers were deemed potentially unconstitutional by the U.S. Supreme Court. This ruling sets a legal precedent regarding the scope of presidential authority and is an important decision that will influence future U.S. trade policy. Media outlets such as Bloomberg reported on this development, drawing international market attention.
Korean government’s official statement—Korea-U.S. trade agreement remains unchanged
The Korean government reaffirmed through an official statement that, regardless of the Supreme Court’s decision, the foundation of the trade framework with the United States remains intact. The trade relationship between the two countries, centered on the Korea-U.S. Free Trade Agreement (KORUS FTA), is not subject to individual judicial rulings and will continue to maintain stability. International media like X and Bloomberg are also paying attention to Korea’s response regarding these tariffs.
Outlook for future relations between the two countries
The Korean government’s emphasis on the stability of tariffs at this timing can be seen as a strategic move to ensure the continuity of economic relations with the U.S. The trade agreement between the two nations prioritizes long-term policy frameworks over individual legal judgments, and practical trade relations are expected to continue functioning smoothly.