https://www.koreatimes.co.kr/www/biz/2024/05/488_374830.html
Caution urged in lowering duty-free limit for overseas direct purchases
The government's move to lower the ceiling on duty-free overseas direct purchases from the current $150 (203,385 won) bucks the global trend of free trade, undermining the country’s policy consistency, according to a tariff policy expert, Friday.
www.koreatimes.co.kr
Protecting local businesses at the expense of free trade is unreasonable
local business = domestic business 국내 비지니스, 국내 기업
at the expense of ~을 희생하면서
free trade 자유 무역
unreasonable = disapproving = outrageous = irrational = unacceptable = ridiculous = ludicrous = absurd = preposterous = disaggreeable = far-fetched = risible = comic = laughable = farcicle 비합리적인, 탐탁지않은, 지나친, 비이성적인, 터무니 없는, 웃긴
The government's move to lower the ceiling for duty-free overseas direct purchases from the current $150 (203,385 won) bucks the global trend of free trade, undermining the country’s policy consistency, according to a tariff policy expert, Friday.
lower the ceiling 상한을 낮추다
duty-free overseas direct purchase 면세 해외 직구
buck 미국·호주·뉴질랜드의) 달러, (남아프리카공화국의) 랜드, (인도의) 루피
free trade 자유무역
undermine = deteriorate = weaken = erode = sap = wear down = wither = shrivel 약화시키다
subdue = dial down = ebb = ease = relieve = allay 가라앉히다, 완화하다
policy consistency 정책 일관성
tariff policy 관세 정책
duty on = tariff on = customs = import taxes ~에 대한 관세
price list = tariff 요금표
excise (국내) 소비세, 물품세
Local consumers seeking cheaper goods in a globalized market is an expected course of action, as propelled and accelerated by inflation, said Ko Tae-jin, a professor of international trade and commerce at Kyung-in Women’s University. Ko believes that government intervention to shift the burden of rising costs onto local consumers in a short-term measure to ease hardships of small local businesses will erode their competitiveness over the long haul.
globalized market 세계화된 시장
free competition 자유 경쟁
expected course of action 예상되는 행동과정, 예상되는 행동 방침
as propelled by = as accelerated by ~가 추진한, ~가 가속화한
accelerate = gain tracation = gain momentum = speed up = pick up speed = gather speed = give impetus to 가속화하다, 박차를 가하, 속도를 내다
international trade and commerce 국제 통상 무역
government intervention 정부 개입
short-term measure = myopic measure 단기적 조치
shift the burden onto ~에 부담을 떠넘기다
ease = relieve = ebb = allay = subdue = dial down 완화하다, 수그러뜨리다
erode = undermine = deteriorate = weaken = sap = wear down = wither = shrivel 약화시키다
competitiveness = competitive edge 경쟁력
over the long haul 장기간에 걸쳐
“The government policy priority should be placed on ensuring the safety of goods, not overly protecting local businesses,” Ko said. The recommendation comes on the heels of Thursday’s announcement of a plan to consider lowering the $150 ceiling. The figure stands at $200 for goods imported from the U.S.
policy priority 정책 우선순위
be placed on ~에 놓이다
ensure the safety 안전을 보장하다
the safety of goods 상품의 안전
overly = excessively = too = to too great an extent = to too great degree = inordinately = outrageouly 과도하게, 과하게, 지나치게
come on the heels of 바로 뒤에 나오다
on the heels of = on the trail of ~후 즉시, ~후 바로, ~에 잇따라서, ~바짝 뒤따라
be hot on the trail of = be hard on the trail of = be hot on the heels of ~에 바짝 뒤따르다, ~바로 뒤를 뒤쫒다
stand at = amount to = number = add up to = sum up to = total up to ~을 나타내다, ~에 서다
A prime minister-led task force said the measures merit deliberation, given the spike in complaints from local small businesses of explosive market expansion by Chinese e-commerce titans – AliExpress and Temu – defined by their aggressive marketing campaigns and low-pricing.
task force 대책 위원회, 프로젝트 팀
merit = deserve = be deserving of = rate ~할 가치가 있다, ~할 만하다, 좋다고 생각되다
deliberation = consideration = contemplation = ponderation = rumination = thinking = meditation 고려, 심사숙고
deliberate = consider = contemplate = ponder = mull over = think over = dwell on = chew over = meditate = ruminate 곰곰히 생각하다, 심사숙고하다, 깊이 생각하다
spike in = hike in ~의 급증, ~의 증가
explosive = burgeoning = souring = surging = skyrocketing = mushrooming = snawballing = proliferating = multifyling = brimming = galloping = proliferative = rapidly growing = sharply increasing 급증하는, 급격하게 증가하
market expansion 시장 확장
titan = big shot = bigwig = giant = baron = behemoth = tycoon = mogul = magnate = important figure 거물, 세력, 큰손
aggressive marketing campaign 공격적인 마케팅 캠패인
low-pricing 저가 가격책정
Small businesses say their revenues continue to plunge, scarred significantly by exemptions of tariffs and value-added taxes for up to $200 worth of goods manufactured overseas. However, the lowered ceiling would translate into higher costs for consumers, an undesirable development from a longer-term tariff policy perspective, Ko said.
scarred by = hurt by = wounded by = damaged by ~에 의해 상처를 입는, ~에 의해 흉터지는
exemption of tariffs 관세면제
value-added tax (VAT) 부가 가치세
translate into = renter into = interpret into ~로 번역하다, ~로 해석하다
undesirable = disagreeable = unwelcome = unacceptable = unpleasant 바람직하지 않은, 마냥좋지 않은, 유쾌하지 않은
“Free flow of goods and services has been and will continue to be a global norm, as guaranteed by free market principles and free trade,” he said. “The government's attempt to interfere with market supply and demand by building up protective walls only makes local businesses grow weaker, with consumer choices and welfare at risk.”
free flow 자유 흐름
global norm 세계적 규범, 글로벌 정상
free market principle 자유시장원칙
free trade 자유 무역
interfere with = intervene in = meddle in = break in = cut in = chop in = step in ~을 방해하다, ~을 간섭하다, ~을 개입하다
muscle in on 무슨 이익을 노리고) (~에) 끼어들다, 에 억지로 비집고 들어가다
protective wall 방호벽, 보호벽
consumer choice 소비자 선택
at risk 위험한 상태에
market demand and supply 시장 수요와 공급
Proactive government steps are warranted only if the safety of consumer products come under threat, he added. “Parents of young children certainly want to offset their reduced purchasing power with cheap toys made overseas, but not to the extent that the their safety is questioned,” he said. “Harmful substances found and left unregulated is the only instance when the government should promptly step in.”
proactive steps 적극적인 조치
pre-emptive action 선제적인 조치
preventative measure = preventive measure 예방적 조치
come under threat = be at risk = be in jeopardy = be endangered = be in danger = be threatened = be menaced = be jeopardized 위험에 처하다, 위험에 놓이다
offset with = offset by = compromise with ~와 ~을 상쇄하다, ~으로 타협하다
purchasing power 구매력
not to the extent that ~할 정도는 아니다
harmful = hazardous = detrimental = damaging = perilous = toxic = risky = unsafe = fraught with dangers = injurious = inimical = nocuous = pernicious = deleterious = venomous = poisonous 해로운, 유해한, 독이있는, 유독한, 독성이 있는, 아주위험한, 안전하지 않은, 손상을 주는
unregulated 규제받지 않는
the only instance 유일한 예, 유일한 경우
promptly = immediately = instantly = at once = right away = directly = without delay = right now = straight away 즉시, 즉각
step in = interfere with = intervene in = meddle in = break in = cut in = chop in ~을 방해하다, ~을 간섭하다, ~을 개입하다
Lee Hyung-chul, director of customs policy at the Ministry of Economy and Finance, said the issues will be considered in the context of cost and benefit of the potential revision as well as implications for the country’s small businesses. “We will address concerns of reverse discrimination raised by small businesses against their global peers, review similar offshore cases and collect public opinion.”
cost and benefit 편익, 손익
implication = ramification = complication = consequence = sequela = aftermath = aftereffect = byproduct = fallout = repercussion = reverberation = result = effect 영향, 파문, 결과, 여파
reverse discrimination 역차별
positive discrimination 긍정적 차별, 사회적 약자 우대정책
affirmation action 우대정책, 우대사항
offshore cases = exmaple in foreign countires = foreign case = aborad case = foreign practices 해외사례
offshoring 해외 업무 위탁
reshoroing 국내 복귀(생산비, 인건비, 세제 혜택 등을 이유로 해외에 진출한 기업이 자국으로 돌아오는 현상(또는 돌아오게 하는 정책))
friendshoring 프렌드 쇼어링(국제 경제에서 우방 국가에 공급망을 구축하는 것)
Japan and Taiwan offer exemptions of tariffs and value-added taxes for purchases lower than the ceiling. EU member countries, the U.K. and Australia levy value-added taxes. The EU also plans to levy tariffs starting in 2028.
exemption of tariffs 관세 면제
value-added taxes 부가가치세
levy taxes on = impose taxes on ~에 세금을 부과하다
levy tariffs on = impose duties on ~에 관세를 부과하다
코리아타임스위클리
"시사와 영어를 한 번에"
Korea Times Weekly
댓글