South Korea’s Lee plays down proposed US chip tariffs warns of higher prices

SEOUL, Jan 21 (Reuters) - South Korean President Lee Jae Myung said on Wednesday if Washington introduced higher U.S. tariffs on semiconductor imports, it would likely boost U.S. prices, playing down concerns about the proposed 100% duty. U.S. Commerce Secretary Howard Lutnick has said that South Korean and Taiwanese chipmakers may face tariffs of up to 100% unless they commit to increased production on American soil. Lee said that given South Korean and Taiwanese chipmakers’ dominance of the market, a 100% U.S. import duty would likely sharply raise prices for chip products in the United States. “They have a monopoly of 80 to 90% . so most of it is likely to be passed on to U. 🔗 Leggi su Internazionale.it

south korea8217s lee plays down proposed us chip tariffs warns of higher prices
© Internazionale.it - South Korea’s Lee plays down proposed US chip tariffs, warns of higher prices

South Korea’s Lee calls for improved drone detection to avoid provoking North KoreaIl presidente sudcoreano Lee Jae Myung ha sottolineato l'importanza di migliorare i sistemi di rilevamento dei droni per garantire la sicurezza nazionale.

Italian PM Meloni to visit South Korea for summit with President LeeIl Primo Ministro italiano Giorgia Meloni effettuerĂ  una visita in Corea del Sud dal 17 al 19 gennaio, per partecipare a un vertice con il Presidente Lee Jae Myung.

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Aggiornamenti e contenuti dedicati a South Korea

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south korea s leeSouth Korea's Lee plays down proposed US chip tariffs, warns of higher pricesSouth Korean President Lee Jae Myung said on Wednesday if Washington introduced higher U.S. tariffs on semiconductor imports, it would likely boost U.S. prices, playing down concerns about the ... msn.com

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