Trump tariffs: South Korea says simplified US metal levy system will ease calculation burden

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Trump tariffs: South Korea says simplified US metal levy system will ease calculation burden
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South Korea's trade ministry says the Trump administration's adjusted levies on metals will likely ease the burden its companies have been facing in calculating duties. But the country's home appliance makers are reportedly worried about profitability.

South Korea 's trade ministry says the Trump administration's adjusted levies on metals will likely ease the burden its companies have been facing in calculating duties. But the country's home appliance makers are reportedly worried about profitability.

The sector typically operates on single-digit margins, giving it little room to absorb costs burdens. The revisions came after American businesses raised concerns about the complexity of determining levy payments. The sector typically operates on single-digit margins, giving it little room to absorb costs burdens. The revisions came after American businesses raised concerns about the complexity of determining levy payments.This browser is no longer supported We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.

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