Letter from the CEO: Tariff Increases on Imports from South Korea
Trade relationships can shift quickly, and recent updates around potential tariff increases on imports from South Korea are a good reminder of that reality.
Trade relationships can shift quickly, and recent updates around potential tariff increases on imports from South Korea are a good reminder of that reality.
Even though some details are still being worked through, including timing and final implementation, the possibility of tariffs increasing back to 25 percent on certain products is something companies should be paying close attention to now. South Korea is a key trading partner, and changes like this can directly affect duty exposure, landed cost assumptions, and sourcing strategies across a wide range of industries.
One of the challenges with developments like these is that uncertainty itself becomes a risk. Waiting for everything to be finalized before evaluating impact often means decisions are made under pressure. From a trade and customs perspective, it is far more effective to assess scenarios early, understand where exposure exists, and prepare for multiple outcomes rather than assuming the status quo will hold.
For importers, this is also a reminder that tariff changes are rarely isolated events. They tend to influence broader compliance considerations, supplier relationships, and long-term planning. Companies that integrate trade compliance into their overall supply chain strategy are better positioned to adapt when conditions change.
As this situation continues to evolve, staying informed and proactive will matter. I’ll be watching closely to see how these discussions progress and what it ultimately means for companies moving goods across borders.