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South Korea trade envoy says Samsung, SK Hynix will not be subject to 100% US tariffs on chips
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South Korea trade envoy says Samsung, SK Hynix will not be subject to 100% US tariffs on chips
Aug 6, 2025 5:50 PM

SEOUL (Reuters) -South Korea's top trade envoy Yeo Han-koo said on Thursday that chipmakers Samsung Electronics and SK Hynix will not be subject to 100% U.S. tariffs on chips.

Yeo said on radio that among various countries South Korea will face the most favourable U.S. tariff rates on chips under the trade deal between Washington and Seoul.

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