GOP legislators warn the technological laws of South Korea promote Chinese people compared to American technological companies

First on Fox: The concern goes up to Washington after the election of South Korea last month last month, Lee Jae-Myung, which Seoul seeks to target “American digital companies disproportionately with new regulatory requirements while giving Chinese companies a pass.

On Wednesday, a group of republican legislators is preparing to send a letter to the urompaning Trump administration to face Korea from the trade fair commission in its current trade negotiations and to block the legislation currently examined by the President of South Korea.

“The legislation reflects the law on the flagrant digital markets of the European Union and would impose legal and applicable norms disappeared to undermine the innovative trade models and disadvantage successful American companies”, the letter, led by the representative of Nebraska, Adrian Smith, R-Ne., President of the Chamber of Ways & Means Sub-Committee and REP. Carol Miller, RW.VV

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The letter, obtained for the first time by Fox Business, is sent to the American trade ambassador Jamieson Greer, to the secretary of the Treasury Scott Bessent, to the commercial secretary Howard Lux.

While the letter, signed by more than 40 legislators, applauds continuous efforts to conclude a trade agreement and bypass the prices which should be reintegrated on July 8, the members of the Congress also warn that the current legislation being envisaged in Soeul “would also increase the interests of the Chinese Communist Party (CCP)” by American companies like Google, Apple, ” The exemption from exemption from major giants, as by Google, the coupang and the Meta, “and Temu. “”

The details of the current trade negotiations with Seoul are not clear, but Lee’s campaign promises to adopt legislation known as the law on the promotion of the platform competition (PCPA) prompted Miller last month to reintroduce legislation to protect American companies in South Korea with bipartite support.

A currency trader walks by screens showing the composite shares of Korea (Kospi) and the exchange rate between the US dollar and the South Korean won in a foreign transaction room on April 9, 2025. (Photo of Kim Jae-Hwan / Sopa Images / Lightrocket via Getty Images / Getty Images)

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Critics in Washington have visited the targeting by South Korea of ​​American technological companies for years under liberal and conservative administrations in Seoul, but Lee’s ardent support for the PCPA has aroused a renewal of concern.

While South Korean officials argue that legislation is an attempt to limit the American “monopoly power” on the technology market, US officials have reported by not also holding Chinese companies in the same legal obstacles, it raises major security problems.

Two men discuss by examining the screens showing booming shares at the Taiwan Stock Exchange office, after the surprise decision of US President Donald Trump to suspend the world rates in Taipei, Taiwan, on April 10, 2025. (Daniel Ceng / Anadolu via Getty Images / Getty Images)

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“Allowing these companies to operate without the regulatory charges imposed on their American competitors would considerably increase threats related to data security, disinformation, economic coercion and espionage resulting from the influence of the PCC on these giants of Chinese technology,” said the letter.

Seoul said this week that she asked for an extension of the original 90 -day pricing break which should expire in less than a week, Reuters reported.

A White House spokesman told Fox News Digital Trump to confirm next week if he will grant extensions.