Gov't to exempt tariffs on increased shipping costs for Hormuz reroutes
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Source: South Korea
Published: 2026-05-08 11:13 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Asia Pacific
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Snippet:
SEOUL, May 8 (Yonhap) -- South Korea will exempt additional shipping costs from tariffs on imports rerouted due to the closure of the Strait of Hormuz, customs authorities said Friday.
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