South Korea to barter with the US for beneficial chip tariff phrases, official says
SEOUL: South Korea will search beneficial phrases for U.S. tariffs on imports of reminiscence chips, a presidential workplace spokesperson stated at a televised briefing on Sunday.
The nation final 12 months launched a joint reality sheet on its commerce cope with the U.S. that included phrases making certain South Korea is not going to obtain unfavourable remedy from U.S. tariffs on imported chips in comparison with key rivals, the official stated, when requested in regards to the Trump administration’s proclamation imposing tariffs on synthetic intelligence chips.
On Saturday, South Korea’s commerce minister stated U.S. tariffs on some superior computing chips would have a restricted affect on South Korean firms.
South Korea’s Samsung Electronics and SK Hynix are among the many world’s greatest reminiscence chip producers.
