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U.S. Freezes Korea Trade Talks After Seoul Ignores Warnings Over Big Tech Shakedown [zero hedge]
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U.S. Freezes Korea Trade Talks After Seoul Ignores Warnings Over Big Tech Shakedown One month after it looked like South Korea was backing off Big Tech with an ongoing shakedown of fines for violating arbitrary laws, the Trump administration just left the chat - canceling a key bilateral trade meeting and signaling that continued regulatory pressure on American technology firms will carry immediate consequences. Seoul now gets to enjoy life on the outs - as the Office of the U.S. Trade Representative (USTR) this week scrapped a scheduled meeting of the KORUS Joint Committee , the primary forum for managing the U.S.–South Korea free trade agreement, Politico reports. The move reflects a growing determination in Washington to ensure compliance with explicit commitments made under an updated trade framework negotiated earlier this fall. Administration officials familiar with the decision said the meeting was canceled after it became clear that South Korea was pushing forward with digital
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