Cheong Wa Dae Says No Details Finalized After Lutnick's Remarks on 'Targeted' Chip Tariff
10 Articles
10 Articles
"The government will closely monitor developments and maintain close consultations with the United States to avoid any adverse impact on our businesses," the South Korean presidential office told the EFE news agency.
The Blue House stated on the 3rd, regarding U.S. Commerce Secretary Howard Lutnick’s announcement to the media that "the U.S. government is considering imposing new semiconductor tariffs," that "we understand that specific details have not yet been finalized." A Blue House official issued a notice on the same day stating, "The government is closely monitoring relevant developments..."
(Seoul = Yonhap News) Reporter Ko Dong-wook = On the 3rd, regarding U.S. Commerce Secretary Howard Lutnick's remarks on 'targeted semiconductor tariffs,' the Blue House stated, "U.S. semiconductor tariffs and..."
With U.S. Commerce Secretary Howard Lutnick signaling the introduction of targeted tariffs on semiconductors, the Blue House announced that it plans to consult closely with the U.S. government to prevent damage to Korean companies. Additionally, regarding the Alaska LNG project mentioned by President Trump, it maintained a cautious stance on the status of specific discussions regarding investment in the U.S.
US plans targeted semiconductor tariffs, eyes impact on Samsung, SK hynix
U.S. Secretary of Commerce Howard Lutnick announced the preparation of “targeted semiconductor tariffs” that would impose different tariff rates based on whether production occurs domestically. Companies building production facilities in the U.S. would receive tariff exemptions or reductions, while those producing overseas and selling to the U.S. market would face tariffs. The key question now […]
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