tarrif Archives | Be Korea-savvy

U.S. Tariff Shift Halts Korean Postal Shipments, Forcing Costlier Alternatives

SEOUL, Aug. 25 (Korea Bizwire) — South Korea’s state-run postal service has suspended most shipments to the United States after Washington moved to impose customs declarations and duties on all small parcels, raising costs and disrupting cross-border trade. On Monday, the Korea Post stopped accepting low-cost airmail parcels bound for the United States. Beginning Tuesday, [...]

Offline Direct Purchase Stores Arise with Some Side Effects

SEOUL, Korea, Mar 29, 2014 (Korea Bizwire) — The new trend of “direct purchase” (of foreign goods) online — through which the local consumers can afford to buy cheaper ones from overseas as opposed to the usual buying pattern of importation goods — has evolved into the form of offline “direct purchase store.” At direct [...]