South Korea Fines Companies for Tariff Evasion

Published on 8.11.25

  South Korean customs officials met with their Chinese counterparts to strengthen cooperation on trade regulations. In a separate incident, South Korea's customs agency fined two companies for evading tariffs on steel exports to Europe, seizing hundreds of bottles of Rush at Incheon Airport. The agency plans to recover the evaded taxes and may launch criminal investigations if serious violations are found. Antidumping duties were imposed on imported goods priced below fair market value, aimed at protecting local businesses from unfair competition.

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