This bill authorizes the U.S. Trade Representative to take enforcement action against South Korea if it enacts laws or regulations that discriminate against American digital platform companies. The legislation requires the Trade Representative to report to Congress within 30 days of any South Korean regulation that targets U.S. online or digital businesses, and determine whether such actions violate trade agreements or unfairly burden American commerce. If the Trade Representative finds violations, they may pursue remedies including World Trade Organization disputes, trade investigations under Section 301 of the Trade Act of 1974, or direct negotiations with South Korea. The bill targets South Korea specifically, citing a $51 billion U.S. trade deficit and concerns that South Korea's policies favor Chinese tech companies while restricting American businesses. Congress's stated intent is to enforce the existing U.S.-South Korea Free Trade Agreement and ensure fair treatment for American companies operating in South Korea.
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