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Home – National Security News – ‘NATIONAL SECURITY RISK’: China Buddying Up With Historical Ally South Korea, GOP Rep Warns

‘NATIONAL SECURITY RISK’: China Buddying Up With Historical Ally South Korea, GOP Rep Warns

South Korea is favoring Chinese companies while deliberately attacking American-owned businesses, raising national security concerns, a GOP congressman warned the Daily Signal Wednesday.

South Korea utilized “burdensome obligations, aggressive enforcement practices, and even the threat of criminal penalties to punish U.S. companies and prevent them from successfully competing against their Korean rivals,” a July 1 House Judiciary Committee report alleges.

According to the report, the Korea Fair Trade Commission has issued a “whole-of-government assault” on American companies such as Amazon, Meta, Google, and Coupang, causing some of their market capitalization to fall more than 40% in South Korea.

“I believe that what we are seeing right now with South Korea’s behavior is a national security risk,” Rep. Darrell Issa, R-Calif., told the Daily Signal.

The report noted that,........

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