Tags: south | korea | computer | chips

South Korea to Negotiate with the US for Favorable Chip Tariff Terms, Official Says

South Korea to Negotiate with the US for Favorable Chip Tariff Terms, Official Says
(AP)

Sunday, 18 January 2026 07:47 AM EST

South Korea ⁠will seek favorable terms for U.S. tariffs on imports of memory chips, a presidential office spokesperson ‍said at a ‍televised briefing on Sunday.

The country last year released ⁠a joint fact sheet on its trade deal with the ​U.S. that included terms ensuring South Korea will not receive unfavorable ‍treatment from U.S. tariffs on imported chips ⁠compared to key competitors, the official said, when asked about the Trump administration's proclamation imposing ⁠tariffs on artificial ​intelligence ⁠chips.

On Saturday, South Korea's trade minister ‍said U.S. tariffs on some advanced computing ‌chips would have a limited impact on South Korean companies.

South ⁠Korea's ​Samsung Electronics ‍and SK Hynix are among the world's biggest memory ‍chip producers.

© 2026 Thomson/Reuters. All rights reserved.


GlobalTalk
South Korea ⁠will seek favorable terms for U.S. tariffs on imports of memory chips, a presidential office spokesperson said at a televised briefing on Sunday.The country last year released ⁠a joint fact sheet on its trade deal with the ​U.S. that included terms ensuring...
south, korea, computer, chips
116
2026-47-18
Sunday, 18 January 2026 07:47 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved