Tariff Triage

Minwoo Kim was quoted in an Asia Business Law Journal article on the global tariff war between the U.S. and Asia.

With nearly all Asian countries subject to reciprocal tariffs at different rates, companies in the region have limited options for reassessing their cross-border business and trade.

“Some companies are wary of what might be described as a ‘whack-a-mole’ effect – relocating operations to a new region, only to see that region become the next target of tariff measures or regulatory intervention,” said Minwoo. He added, “Rising tariff exposure has prompted many companies to rethink sourcing, manufacturing and distribution strategies, but restructuring is rarely a simple or one-dimensional issue” due to uncertainty over future tariff levels and potential changes to rules of origin.