Cheong Wa Dae says no details finalized after Lutnick's remarks on 'targeted' chip tariff
No details have been finalized on any new U.S. tariffs on semiconductors, the presidential office here said Thursday, after the U.S. commerce secretary said a "targeted" chip tariff policy is under consideration. Appearing on a CNBC interview Wednesday (U.S. time), Commerce Secretary Howard Lutnick said the U.S. administration is considering a "targeted" and "thoughtful" tariff policy for…
The presidential office in South Korea has stated that no final details have been determined regarding potential U.S. tariffs on semiconductors following remarks by Commerce Secretary Howard Lutnick. During an interview on CNBC, Lutnick suggested that the U.S. administration is contemplating a targeted and thoughtful tariff policy specifically for semiconductors.
However, the South Korean government has not yet finalized any information on this matter, according to an official at Cheong Wa Dae. The South Korean government is closely monitoring the situation and cooperating with the U.S. to mitigate any adverse effects on domestic companies.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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