Which South Korean conglomerate completed the $100 million acquisition of Philly Shipyard in June 2024 as a prelude to the Make America Shipbuilding Great Again (MASGA) package?
Explanation
On June 21, 2024, Hanwha Group—via its defense units Hanwha Systems Co. and Hanwha Ocean Co.—closed a $100 million deal for 100% control of Philly Shipyard, rebranding it as Hanwha Philly Shipyard. Th...
Sources
Related Questions
What tariff rate did President Donald Trump threaten to impose on South Korean imports in his July 2025 tariff letter before negotiations lowered it to 15%?
Easymultiple choiceAs of 2024, what was South Korea’s average applied tariff rate on goods imported from the United States under the Korea–U.S. Free Trade Agreement, and how did that figure compare to the 15% ad valorem duty imposed on South Korean exports by President Donald J. Trump’s Executive Order “Further Modifying the Reciprocal Tariff Rates” (July 31, 2025)?
Easymultiple choiceWhat symbolic gift did South Korean negotiators present at the White House trade talks with President Donald Trump on August 25, 2025?
Easymultiple choice
2 more questions available with Premium
Unlock All QuestionsThis question is part of South Korea trades $150B shipbuilding deal for lower tariffs. 5 more questions available.