South Korea has found increased attempts to disguise foreign products as Korean exports, primarily from China, to avoid U.S. President Donald Trump's sweeping tariffs, its customs agency said on Monday (April 21).
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00:00South Korea's customs agency has reported a sharp rise in attempts to disguise foreign-made goods, primarily from China, as Korean exports in order to bypass U.S. tariffs imposed under President Donald Trump's trade policies.
00:16The Korea Customs Service, KCS, revealed on Monday that it uncovered 29.5 billion won, or over 91 million ringgit worth of origin-related violations in the first quarter of the year.
00:30A staggering 97% of those cases involved shipments bound for the United States, following a special investigation last month.
00:46At a press conference, officials displayed examples of seized goods, including mattresses and cathode materials for lithium batteries, both originating from China, but falsely labeled as Korean-made.
01:11In response, the KCS has established a special task force to detect and prevent illegal transshipments.
01:19The agency said it is also working on additional countermeasures to protect legitimate domestic exporters.
01:25Cases identified during the investigation will be referred to prosecutors for further legal action.
01:41Cases identified during foreign-made goods, and the organization.
01:46Cases identified during the investigation as a local-made gathering were available in Louisية Health, ...
01:50Cases identified during the investigation as a local-made gathering in HVP, which is really important for various reasons, between the Madison and Margot and Prudential and San Francisco, ...
01:54Cases identified during the investigation as a local-made gathering in the investigation as a local-madeсят-based alternative teams of training.
01:57Cases identified in America, which is a local-made ally of a natural-made grid of the Laudanp
02:00that is pronounced banned from China, but in this association .