Global Trade Alert
Global Trade Alert

Republic of Korea: Government launches additional support measures for SMEs in response to US tariffs

Announcement

14 May 2025

In May 2025, the South Korean government published "Additional Support Measures for SMEs Affected by US Tariffs”. 

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

3 in force

Implementation date

14 May 2025

Revocation date:

No revocation date

Loan guarantee In force

On 14 May 2025, the South Korean government published "Additional Support Measures for SMEs Affected by US Tariffs”. Among others, the Korea Credit Guarantee Fund (KODIT) will provide up to KRW 3 tril...

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Loan guarantee In force

On 14 May 2025, the South Korean government published "Additional Support Measures for SMEs Affected by US Tariffs”. Among others, the Korea Technology Finance Corporation will provide up to KRW 1.2 t...

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State loan In force

On 14 May 2025, the South Korean government published "Additional Support Measures for SMEs Affected by US Tariffs”. Among others, the government will increase the budget of the Emergency Management S...

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