How to Respond to High Exchange Rates and Protectionism... PwC Customs Corporation to Hold Special Lecture

PwC Customs Corporation has organized a forum to explore solutions for coping with high exchange rates and the ongoing protectionist policies in the United States.

On April 10, PwC Customs Corporation announced that, together with Samil PwC Academy, it will hold a special lecture titled "Practical Training on Foreign Exchange, Customs, and Harmonized System (HS) Classification with PwC Customs Experts" at the Taepyeong-ro Building in Jung-gu, Seoul, on April 29 and 30, and again on May 11.

The purpose is to discuss ways to respond to the situation where protectionist policies in the U.S. have intensified, resulting in a series of trade policy shifts epitomized by the "Trump tariffs," while the high won-dollar exchange rate trend continues.

The special lecture will cover the following topics: ▲Foreign Exchange Risk Management: Understanding foreign exchange transaction regulations and practical responses to inspections ▲Responding to U.S. Trump Tariffs: Addressing mutual tariff risks and practical strategies for tariffs and pricing ▲HS Item Classification: Risk management related to item classification and practical measures to reduce customs duties, among others, organized by topic.

Experts from Samil PwC and PwC Customs Corporation will deliver lectures focusing on real-life cases and practical response strategies based on their field experience in customs audits, origin verifications, and responses to foreign exchange inspections that companies commonly face. The lectures are fee-based, and registration is available through Samil PwC Academy.

Lee Youngmo, CEO of PwC Customs Corporation, stated, "The impact of changing trade policies and strengthened regulations in major countries, including the United States, is increasingly affecting overall corporate management by raising compliance risks in import and export operations. Through this special lecture, we hope that corporate practitioners will be able to systematically understand risks related to customs, foreign exchange, and item classification in the evolving trade environment, and develop the practical capabilities to apply these responses immediately in their work."

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