The Korea International Trade Association (KITA) announced on May 19 that it submitted a formal opinion to the U.S. Department of Commerce, voicing concerns over the ongoing Section 232 national security investigation under the U.S. Trade Expansion Act. The submission, made on May 16 the final day for stakeholder feedback focuses on safeguarding South Korea’s position in the international trade supply chain of critical minerals. The investigation, initiated by the U.S. on April 22, seeks to determine whether imports of processed critical minerals and related products pose a risk to national security. Based on the findings, Washington may impose new trade restrictions or tariffs, which could affect international trade and supply chain management
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