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The independent observatory for US trade — ship movements, customs records and policy events, measured and tested.

What South Korea actually pays on HS 8708.50

Importers of HS 8708.50 (for vehicles of heading 8703) from Korea, South actually paid 14.24% on the taxed portion of the value in 2026-06 — 4.21% across everything shipped, taxed or not. Measured from official duty receipts, not the rulebook: the statutory MFN base rate on this code is 2.5%. Over the window the rate on the taxed portion moved 2.5% → 14.24%, with the largest single step +14.2pp in 2025-05. Measured from official US duty receipts · as-of 2026-06 · confidence: measured, not modelled. The HTS base rate is 2.5% — importers actually paid 14.24%, so the trade-war overlay added 11.7 pts, measured at the border (not a summed rulebook estimate). Reproduce exactly: tariff_story(hs: "8708.50", origin: "Korea, South") · see it at trimtabist.com/tariffs

South Korea paid 14.24% on HS 8708.50 — the schedule says 2.5% Collected rate on the taxed value — measured from US duty receipts, not the rulebook 14.24% HTS base 2.5% — the rulebook floor2023-072024-122026-06 Measured · as-of 2026-06 · Trimtab US Tariffs & Trade Ledger · trimtabist.com

HS 8708.50. The schedule base rate is 2.5%; importers from South Korea actually paid 14.24% on the dutiable value in 2026-06 — the trade-war overlay added 11.7 points, measured at the border. Measured, not modelled.

Over the window the collected rate moved 2.5% (2023-07) → 14.24% (2026-06), largest single step +14.2pp in 2025-05.

Landed cost vs the benchmark

Korea, South's lower duty (4.21% vs 43.4%) lets it price up to 37.6% above China at the factory and still match on duty-inclusive customs cost. But on the LATEST measured prices, China actually lands cheaper — $5.21/kg vs $6/kg (duty in, freight out).

The trade-war measures that name South Korea or this sector

15 Chapter-99 measures name Korea, South; scope mapping is partial (several annexes are PDFs) — absence never means exemption. They do not sum, and some are product-specific — the collected rate above is the composed truth.

Notice of Implementation of Additional Duties on Products of India Pursuant to the President's Executive Order
measure 9903.01.84 · Federal Register citation
+25%
9903.40.05
measure 9903.40.05
+25%
9903.40.10
measure 9903.40.10
+25%
Amending the Procedures To Administer Import Adjustment Offset Amounts for Certain Imports of Automobile Parts
measure 9903.74.08 · Federal Register citation
+25%
Implementing Certain Tariff-Related Elements of the U.S.-Korea Strategic Trade and Investment Deal
measure 9903.76.02 · Federal Register citation
+25%
Implementing Certain Tariff-Related Elements of the U.S.-Korea Strategic Trade and Investment Deal
measure 9903.76.03 · Federal Register citation
+25%
Notice of Implementation of Addressing Certain Tariffs on Imported Articles Pursuant to the President's Execut
measure 9903.94.01 · Federal Register citation
+25%
Implementing Certain Tariff-Related Elements of the U.S.-EU Framework on an Agreement on Reciprocal, Fair, and
measure 9903.02.02 · Federal Register citation
+15%

Go deeper

All goods from South Korea · the whole tariff ledger · 5 CBP rulings cite this code · reproduce: tariff_story(hs: "8708.50", origin: "South Korea") via /connect. Not customs or legal advice.

In print: “What South Korea actually pays on HS 8708.50 (HS 8708.50)” — Trimtab US Trade Ledger (TT-010 Duty receipts), US Census imports-for-consumption records — trimtabist.com/tariff/870850/south-korea