Coupang dispute fuels new U.S. tariff pressure on South Korea

Coupang dispute fuels new U.S. tariff pressure on South Korea

Seriously, to most Koreans, including the Korean government, Coupang was always considered a Korean company. They were shocked to ask, “When did Coupang become an ‘American’ company?” I guess when it was convenient to become one. In America, big corporate money paid to politicians is the single most important factor influencing government policies.

One Capitol Hill Democrat familiar with the Judiciary probe, who asked not to be named in order to speak candidly, questioned the GOP’s intense focus on Coupang, given the company’s limited footprint in the U.S., and pointed to the company’s ties to the Trump White House.

Coupang donated $1 million to Trump’s inaugural fund in 2024, putting it on par with Google, Meta and Nvidia. Kevin Warsh, now chairman of the Federal Reserve, was a Coupang board member from 2019 until earlier this year. And Rob Porter, its chief global affairs officer, was White House staff secretary in the first Trump administration.

But Coupang’s corporate political action committee has frequently donated to candidates from both parties. And other Democrats, especially those from Coupang’s home state, Washington, have joined their Republican colleagues in denouncing South Korea’s posture toward the company.

submitted by /u/WittyPolitico
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