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SK says Samsung, SK Hynix not subject to 100% U.S. semi tariff, Reuters says

According to comments made by South Korean’s, SK, top trade envoy Yeo Han-koo, Samsung Electronics (SSNLF) and SK Hynix (HXSCL) will not be subject to 100% U.S. tariffs on chips, Reuters reports. On Wednesday, U.S. President Donald Trump said the U.S. would impose a 100% tariff on semiconductors imported from countries not producing in the U.S. or planning to do so.

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