Samil PwC and KDIA to Hold Webinar on "Responding to U.S. Trump Tariffs and Strategic Goods Export Controls"

Samil PwC and the Korea Defense Industry Association (KDIA) announced on August 18 that they will jointly host a webinar on August 22 at 3:00 p.m. under the theme "Responding to U.S. Trump Tariffs and Strategic Goods Export Controls."

Although the defense industry has so far benefited from tariff exemptions through various agreements and treaties, the stringent tariff policies of the Trump administration's second term have made tariff optimization a critical factor for securing competitiveness in exports. This webinar has been organized to help participants understand the tariff policies of the Trump administration's second term and to provide strategies for responding to increasingly strict export control regulations, especially as interest in the U.S. defense procurement market-the world's largest-continues to grow.

In particular, experts point out that tariffs vary by item and country, and rates range from 15% to 50%, making it essential to fully understand the regulations. They warn that as Korea's defense exports have surged recently, failure to comply with U.S. export control regulations on strategic goods and technologies could result in export bans or sanctions, especially given the U.S.'s tightening of export controls in the defense sector.

Global trade platform experts from Samil PwC will participate directly in the webinar to explain the Trump administration's tariff policies and regulations, and to propose response strategies. The webinar will also cover an overview of the strategic goods export control system, recent trends, and introduce the Certified Exporter (CP) designation system.

In the first session, Soh Juhyun, leader (partner) of Samil PwC's Global Trade Platform, will present strategies for responding to U.S. Trump tariffs. In the following session, Director Kim Hyunjun will lecture on strategies for responding to strategic goods export controls.

Kim Taesung, leader (partner) of Samil PwC's Defense Industry Center, stated, "With growing uncertainty surrounding the Trump administration's tariff imposition, understanding policy is essential for entering the U.S. defense procurement market, the world's largest." He added, "We will continue to hold seminars on related topics to support the entry of K-Defense into the U.S. market."

Song Gidae, head of the Defense Export Division at KDIA, commented, "We hope this webinar will help member companies minimize risks and enhance competitiveness when entering the U.S. market," and added, "KDIA will continue to support member companies so they can proactively respond to the changing international trade environment."

After the webinar, in-person consultations will be offered to interested defense companies. Registration for the webinar is available until August 20 via the Samil PwC and KDIA websites.

This content was produced with the assistance of AI translation services.