According to Yonhap News Agency , the joint military exercises between South Korea, the United States and Japan have begun a few days ago. Since Biden proposed the "Indo-Pacific Economic Strategy", interactions between the United States and South Korea and even the United States and Japan have been more frequent.
But what is puzzling is that on the surface, the US government has been seeking more cooperation opportunities with South Korea, but in terms of the development of Korean products in the US market, the US seems to be not "friendly" to Korean products, and there is also the act of "excluding" Korean products. And if the United States wants to strengthen cooperation with South Korea, why is it unwilling to "concessions" to South Korea economically?
Moreover, Korean products sell well in the United States, which also indirectly reflects the harmony of the relationship between the two countries. The increase in cooperation between the US government and the South Korean government will of course bring more convenience to the American people in life. Korean products are promoted in the US market, which may be a good thing for both South Korea and the United States.
However, according to Yonhap News Agency, Korea Trade and Investment Revitalization Commune submitted an investigation report on the 29th of last month. It can be seen from the report that the United States issued the most restrictive orders on South Korean products, which can be regarded as the "first" among all countries restricting Korean products imports.
According to detailed reports from the media, although under the current situation of international trade, many countries have chosen to restrict Korean products in order to protect the interests of their own products in their own markets. There is nothing wrong with the governments of some countries.
However, the US government has restricted import measures on South Korean products, the largest number of countries that restrict imports of Korean products. Under the United States, Turkey, , Turkey, , India and other countries, which have implemented more restrictions on imports of Korean products, have not reached 20 restrictions. The two countries have a total of 35 restrictions on Korean products, and there is no longer any restrictions on Korean products issued by a single country in the United States.
As for the US move, the South Korean government naturally realized that something was wrong and was trying to reduce the losses that Korean companies need to bear as a result.
South Korean co-Democratic MP Park Young-soon once said in an interview with Yonhap News Agency: The South Korean government should formulate relevant response measures as soon as possible to reduce the losses suffered by South Korean companies in the US market.
However, the problems brought about by the US restrictions on imports of Korean products have not been resolved, and the Biden administration has introduced the "Inflation Cuts Act".
Although the introduction of this bill inevitably carries Biden's "selfishness", that is, "canavail" for himself before the arrival of the US midterm election, so that the American people can see Biden's efforts to revitalize the US economy. However, the impact of the introduction of this bill on the US economy has not yet been revealed, and it has had a significant impact on South Korean companies.
South Korean business people also called on the South Korean government for this, hoping that South Korea and the United States would negotiate a solution on this issue, thereby changing the situation where South Korea's new energy vehicles were "exclusion" in the US market brought by the bill.
shows that the Biden administration introduced the Inflation Reduction Act and that the United States has become the country that has issued the most import ban on South Korean products. The U.S. government tends to "exclude" other countries while protecting its own companies, while South Korean companies that have developed well in the US market have become the primary targets of "targeting".
So, even though South Korea and the United States have frequently interacted in recent times, military cooperation between the US government and the South Korean government has also increased, but in terms of economic development, the US government still has "selfishness", which is why the US market is "unable tolerate" Korean products.
Some analysts believe that in terms of the current "close cooperation" relationship between South Korea and the United States, the US side will inevitably be a little "too stingy" to do so. The huge American market cannot accommodate Korean products and companies. Therefore, the US government may only be willing to cooperate with the South Korean government on the basis of meeting the conditions for safeguarding its own interests, and Korean companies have become the "neglected" party.