Estimate KORUS FTA preferential duty rates, Section 232 TRQ duties, and total landed costs when importing goods from South Korea to the United States.
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Utilize the Harmonized Tariff Schedule for accurate product classification and tariff determination.
What tariffs apply to South Korea imports into the US?
Most Korean goods qualify for duty-free or preferential rates under the KORUS FTA. Non-qualifying goods pay standard MFN rates. Section 232 tariffs apply to steel (with TRQ) and aluminum. A 25% IEEPA tariff was announced but is currently paused at 10% Section 122 baseline. No Section 301 tariffs apply.
What is KORUS and how does it affect Korea imports?
The US-Korea Free Trade Agreement (KORUS) entered into force March 2012. It eliminated or reduced duties on most goods traded between the US and Korea. Electronics, machinery, automotive parts, steel (subject to TRQ), and most consumer goods enter the US duty-free under KORUS when rules of origin requirements are met.
Does South Korea face Section 232 steel tariffs?
South Korea negotiated a Tariff Rate Quota (TRQ) arrangement for steel. Korean steel enters at 0% within the annual quota volume. The full 25% Section 232 tariff applies above the quota. Importers must track available quota by steel product category. Korean aluminum is subject to the standard 10% Section 232 tariff.
Are there AD/CVD orders affecting South Korea imports?
AD/CVD exposure on Korean goods is minimal compared to other Asian trading partners. Limited orders exist on select steel products. For most Korean product categories — electronics, vehicles, consumer goods, machinery — AD/CVD risk is very low. Verify by HTS code in the ITA database for specific products.
Do Korean electronic goods face import duties?
Under KORUS, most electronics from South Korea (televisions, semiconductors, smartphones, displays) enter the US at 0% duty. The US IT Agreement (ITA) also provides 0% duty on most information technology products regardless of origin. Combined, Korean electronics face minimal tariff exposure at the base MFN and KORUS levels.
How do I calculate import duties from South Korea to the US?
Enter the HTS code, product value, and select South Korea as the country of origin. The calculator checks KORUS coverage, applies the applicable preferential or MFN rate, and includes any Section 232 surcharge (with TRQ factored in for steel).
Can Korea import duties change?
KORUS is subject to ongoing review. IEEPA tariffs are currently paused but could change based on trade negotiations. Section 232 TRQ volumes are set annually by executive order. The US and Korea periodically engage in trade consultations that may affect specific product categories.
Enter the Harmonized System code (2–10 digits)
Select the country where goods originate
10% baseline tariff on most imports. Took effect Feb 24, 2026 after IEEPA was voided. Expires after 150 days.
50% on steel/aluminum, 25% on autos, 30% on furniture, 10% on lumber. These remain in effect permanently.
25% on Lists 1–3, 15% on List 4B (raised Jan 2026). Applies only to Chinese imports. Averages ~20%.
Updated March 2026 — IEEPA tariffs voided (Feb 20, 2026). Section 122 (10%) + Section 232 now apply. Click headers to sort.
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South Korea is the US’s fourth-largest goods trading partner and a key technology and manufacturing ally. KORUS FTA preferential rates apply to most goods, but Section 232 steel TRQ tracking and IEEPA exposure require attention.
KORUS qualification requires rules of origin compliance — verify that products meet the agreement’s tariff shift or regional value content requirements.
For active duty orders, consult the ITA AD/CVD database. Verify current rates and procedures at CBP.gov and check USTR’s KORUS FTA page for policy updates before finalizing South Korea shipments.
Frequently asked questions
What costs does this calculator include?
The calculator covers the KORUS FTA preferential rate or MFN rate (HTS-based), Section 232 surcharges on steel (with TRQ) and aluminum, active AD/CVD rates, and IEEPA tariffs. Customs value is calculated on a CIF basis. MPF and HMF apply at entry but are not included in the estimate.
How does KORUS FTA affect tariffs from South Korea?
Under the KORUS FTA (effective 2012, renegotiated 2018), most goods from South Korea qualify for 0% duty. Goods must meet KORUS rules of origin. Non-qualifying goods pay MFN rates. KORUS is a comprehensive agreement covering manufactured goods, agriculture, and services — one of the most extensive US bilateral FTAs.
What replaced IEEPA tariffs on South Korea imports?
The Supreme Court struck down IEEPA-based tariffs on Feb 20, 2026, in a 6-3 ruling. Section 122 of the Trade Act of 1974 now provides the authority for emergency global tariffs. CBP is currently collecting at 10% on non-KORUS-qualifying South Korea imports under Section 122. KORUS FTA goods retain their preferential rates. South Korean steel within the Section 232 TRQ is also exempt from the 50% rate. Verify at CBP.gov.
Is South Korea subject to Section 301 tariffs?
No. Section 301 applies exclusively to Chinese-origin goods. Korean goods pay KORUS or MFN rates plus any applicable Section 232 surcharges or AD/CVD duties. Goods transshipped through South Korea to circumvent Section 301 are subject to CBP investigation.
Does South Korea have a steel TRQ arrangement with the US?
Yes. South Korea negotiated a steel Tariff Rate Quota (TRQ) as part of the 2018 KORUS renegotiation. Korean steel enters at 0% within the annual quota volume. The 25% Section 232 tariff applies above the quota. Quota availability varies by product category and is tracked by the Department of Commerce.
How do I find my HTS code for this calculator?
Your HTS code is the 10-digit number that determines your base duty rate and tariff eligibility for goods imported from South Korea. Use the USITC HTS database to search by product description. The first 6 digits follow the international Harmonized System; digits 7-10 are US-specific. Enter the 10-digit code in Captain’s calculator to get MFN rates, Section 232 exposure, and active AD/CVD orders for South Korea goods.
What is Section 122 and how does it affect this calculator?
Section 122 of the Trade Act of 1974 authorizes the President to impose an emergency global tariff of up to 15% on imports for up to 150 days. After the Supreme Court struck down IEEPA tariffs on Feb 20, 2026, Section 122 became the operative authority for the 10% global emergency rate. CBP is currently collecting at 10% on most South Korea goods under Section 122. Captain includes this rate in all landed cost calculations for South Korea imports.
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