US congressman defends Coupang again; Rubio flags trade talks
U.S. Secretary of State Marco Rubio addressed concerns regarding South Korea's treatment of American companies during a congressional hearing. Rep. Darrell Issa criticized South Korea for allegedly oppressing U.S. firms like Coupang and Meta, claiming it affects trade negotiations. Rubio emphasized that these issues have hindered the ability to finalize a trade agreement with Seoul.
- ▪Marco Rubio highlighted that concerns over South Korea's treatment of U.S. companies impact trade negotiations.
- ▪Rep. Darrell Issa accused South Korea of unfairly targeting American firms, including Coupang and Meta.
- ▪The exchange indicates ongoing issues regarding the treatment of technology companies in U.S.-Korea economic discussions.
Opening excerpt (first ~120 words) tap to expand
The flags of Korea, the United States and Coupang hang at New York Stock Exchange, Mar. 11, 2021, when Coupang Inc., the U.S.-headquartered holding firm of Coupang, began its trading. YonhapSEATTLE — U.S. Secretary of State Marco Rubio said concerns over South Korea's treatment of American companies have affected Washington's ability to conclude a trade agreement with Seoul, responding to criticism from Rep. Darrell Issa during a congressional hearing.During the hearing Wednesday, Issa argued that South Korea's democracy had "taken a strong bent to the left," accusing the country of opening more avenues toward China and "beginning to oppress" companies including Meta and Coupang.Responding to Issa, Rubio said concerns about the treatment of U.S.
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