Cheong Wa Dae says no details finalized after Lutnick's remarks on 'targeted' chip tariff

The Korean presidential office has stated that no specific details have been finalized regarding potential new U.S. tariffs on semiconductors, following Commerce Secretary Howard Lutnick's remarks on a targeted chip tariff policy. During a CNBC interview on Wednesday, Lutnick indicated that the U.S. administration is considering a thoughtful tariff policy for semiconductors.

A Cheong Wa Dae official clarified that as of now, no details related to U.S. semiconductor tariffs have been finalized. The South Korean government has pledged to closely monitor the situation and cooperate with the U.S. to mitigate any adverse effects on domestic companies.

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