Korea trade envoy says Samsung, SK Hynix will not be subject to 100% U.S. tariffs on chips

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Korea trade envoy says Samsung, SK Hynix will not be subject to 100% U.S. tariffs on chips

 
Korea's Trade Minister Yeo Han-koo speaks during a meeting at the National Assembly in Yeouido, western Seoul, on Aug. 6. [YONHAP]

Korea's Trade Minister Yeo Han-koo speaks during a meeting at the National Assembly in Yeouido, western Seoul, on Aug. 6. [YONHAP]

 
Korea's top trade envoy Yeo Han-koo said on Thursday that chipmakers Samsung Electronics and SK Hynix will not be subject to 100 percent U.S. tariffs on chips.
 
Yeo said on the radio that among various countries, Korea will face the most favourable U.S. tariff rates on chips under the trade deal between Washington and Seoul.
 

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