A major U.S.–South Korea trade deal is unraveling amid an escalating crackdown by South Korean President Lee Jae-myung and lawmakers against American-founded technology company Coupang, prompting alarm inside the Trump administration and on Capitol Hill over the future of bilateral trade.
The dispute has now spilled directly into U.S. trade policy. The Office of the United States Trade Representative (USTR) abruptly canceled a scheduled trade implementation meeting with South Korean officials this week, effectively freezing progress on the U.S.–Korea trade deal.
At the center of the conflict is Coupang, the U.S.-founded e-commerce and…
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