S. Korea takes legal action against United States over ‘excessive’ tariffs

Following a recent move by Canada, South Korea has launched a complaint with the World Trade Organization (WTO) against the United States’ so-called safeguard tariffs on imported goods. “Korea considers these measures to be inconsistent with the United States’ obligations under the relevant provisions of the GATT 1994 and Agreement on Safeguards,” the complaint said, according to Reuters.