U.S. think tank: If South Korea receives exemptions from Iran, Trump may impose more tariffs on South Korea.

金色财经_ · 2026-04-08T10:47:22+00:00

Victor Cha, chairman of the Center for Strategic and International Studies, said that if South Korea obtains an exemption from Iran to pass through the Strait of Hormuz, Trump could take retaliatory measures, including imposing tariffs. Most of South Korea’s four major refining companies are related to the United States or Saudi Arabia, and South Korea’s oil reserves can only support 26 days, so it is unlikely to seek that exemption.

金色财经_

2026-04-08 10:47:22

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Golden Finance reports that on April 8, Victor Cha, the chairman for South Korean affairs at the Center for Strategic and International Studies (CSIS), said on Wednesday that if South Korea receives an exemption from Iran, allowing its ships to pass through the Strait of Hormuz, U.S. President Donald Trump could take retaliatory measures against South Korea—such as imposing additional tariffs or applying punitive tariffs. In addition, even if Iran agrees to clear the strait, only a few detained ships would be able to pass through, because most ships are owned by entities tied to the United States or Saudi Arabia. Three of South Korea’s four major refining companies, except for SK Energy, have stakes held by the United States or Saudi Arabia. The think tank said that given the fact that South Korea’s oil reserves can still support about 26 days, South Korea is unlikely to take steps to seek Iran’s exemption.

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