Kyung-wha Kang

Over 50 U.S. House members, led by Rep. Darrell Issa, accuse South Korea's new left-wing Democratic government of favoring China and discriminating against American companies like Coupang and Meta through regulatory actions. They cite a $1 trillion economic damage estimate over 10 years and warn of risks to U.S. economic and security interests.

Over 50 U.S. House members, led by Rep. Darrell Issa, accuse South Korea's new left-wing government of favoring China and discriminating against American companies like Coupang and Meta through regulatory actions. They claim these policies could cost $1 trillion in combined economic damage to the U.S. and South Korea over a decade.