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Korea Sees Favorable Treatment in New US Levies on Chips, Pharma

Korea Sees Favorable Treatment in New US Levies on Chips, Pharma

Bloomberg17 hours ago
South Korea's finance minister said the country has secured a commitment from the US that it won't face less favorable treatment than any other nation if Washington pushes ahead with new tariffs on semiconductors and pharmaceuticals.
'The US made a commitment to give us top-tier treatment to sectors like pharmaceuticals and semiconductors,' Finance Minister Koo Yun-cheol told lawmakers during a parliamentary committee hearing Wednesday. 'We're not completely satisfied, but it's still meaningful that Korea won't be at a disadvantage compared to other countries.'
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