Chinese companies, which specializes in bringing non-trichous goods to the Indian market at cheap prices, have now started cheating by exporting goods to South Korea and using the Made in Correa Label there to avoid the heavy charges levied by Trump and export them to the US.

 

This information has been provided only by Korea Customs services. A report published in the local news media in South Korea, citing sources of these services, said that in the first quarter of 2025 alone, officials of these services seized 29.5 billion vowans or about $ 20.7 million in such illegal exports. Officials further stated that 97 percent of the goods seized along with such false labels were being exported to the US.

US President Donald Trump has imposed a mutual fee of up to 145% on China, while currently 10% basic fee is imposed on exports from South Korea, as the mutual fee levied on countries other than China has been postponed for 90 days. Therefore, it has come to our notice that taking advantage of this huge difference in fees, Chinese companies are currently sending their products to the US to export South Korea and then exporting these products to the US by labeing Made in Korea, indicating that these exports are from Korea. For example, Chinese electrodes used in the production of rechargeable batteries have been exported to the US in this way. Similarly, monitoring camera parts are also exported. After the Chinese companies discovered this misconduct, the Korean Customs officials said that it raises questions on Korea’s credibility in the global market and also threatens domestic products, as domestic products are also seen with suspicion. Therefore, the Korean Customs Department has formed a special team to prevent such irregularities and tighten them. It is noteworthy that talks are currently going on between South Korea and America on tariffs and trade deals and recently a South Korean delegation visited the US with the same purpose. Ship construction, energy and cooperation are a major issue in the agenda of these negotiations.

The Post Business: Chinese companies started using the Made in Coria’s label to avoid Trump’s tariff First appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.

Rahul Dev

Cricket Jounralist at Newsdesk

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