Month: March 2025

international trade

Chaebols May Wabble but They Don’t Fall Down How Samsung Became 23% of South Korea’s GDP

By Bob Brewer, Braumiller Law Group

Chaebols are large, family-owned business conglomerates that play a significant role in South Korea’s economy. These conglomerates have a significant influence on the South Korean economy and are often involved in various government decisions. This rather close relationship has resulted in not just mutual support, but the government providing subsidies, loans, and tax incentives.

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Global trade deficits

All Is Fair in Love and War, But Apparently Not Trade Closing the Gap on Global Trade Deficits with the U.S.

By Bob Brewer, Braumiller Law Group

In addition to the tariffs on Mexican, Canadian and Chinese imports, Trump is also set to announce a litany of what he deems to be reciprocal tariffs across the globe come April 2, the day after the conclusion of an investigation the President ordered. These tariffs are aimed at balancing trade with other countries, some of which have higher tariff rates on US exports than the US imposes on imports from those nations.

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