U.S. forced labor tariff on Korea 'neither appropriate nor necessary': Seoul official
A Korean trade official told U.S. regulators that proposed forced labor tariffs are unnecessary and said Seoul deserves more favorable treatment if Washington proceeds.
U.S. President Donald Trump walks to speak at a lunch in the White House Rose Garden in Washington on July 6.
AP/YONHAP
A Korean official said Thursday that a proposed U.S. tariff on the Asian country over forced labor concerns is "neither appropriate nor necessary," stressing Seoul's commitment to rooting out the use of forced labor domestically and globally.
Lee Seung-heon, counselor for trade, industry and resources at the Korean Embassy in Washington, reiterated Seoul's position during a public hearing on the proposed tariffs, arguing that should the United States decide to press ahead with them, "more favorable treatment" should be given to Korea.
The Office of the U.S. Trade Representative (USTR) has proposed a 12.5 percent tariff on Korea and dozens of other economies over their alleged failure to enforce import bans on products made with forced labor, following investigations into them under Section 301 of the 1974 Trade Act.
"Korea reserves its basic position that action against Korea with regard to the importation of forced labor goods is neither appropriate nor necessary," Lee said.
"Even assuming that the U.S. deems it necessary to impose a certain level of tariffs on the investigated economies, Korea believes that, taking into account Korea's above-mentioned efforts, more favorable treatment is warranted for Korea than what has been previously proposed," he added.
He pointed out that Korea has introduced and effectively implemented relevant norms "with the aim of eradicating the use of forced labor domestically and globally."
In particular, he highlighted that Seoul has pursued various policy measures, including the introduction of "Korean Sustainability Disclosure Standards" and the promotion of Organisation for Economic Cooperation and Development Guidelines for Multinational Enterprises on Responsible Business Conduct, which he said have facilitated private-sector efforts to eliminate forced labor inputs.
Moreover, he reiterated Seoul's commitment to last year's Korea-U.S. joint fact sheet in which the Asian country reaffirmed its intention to work together to combat the importation of goods made with forced labor.
The USTR conducted trade investigations into 60 countries, including Korea, China and Japan, over forced labor concerns, as U.S. President Donald Trump's administration seeks to replace "reciprocal" tariffs that were struck down by the Supreme Court in February.
Yonhap