New Tariff Plans: 3 Major Industries Affected
New tariff plans by Trump could impact global trade, affecting semiconductors, cars, and pharmaceuticals.
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New tariff plans by Trump could impact global trade, affecting semiconductors, cars, and pharmaceuticals.
The Trump’s tariff plan proposal to impose tariffs exceeding 25% on semiconductors is poised to disrupt the global semiconductor industry. Particularly it will impact South Korea’s memory chip sector. Trump’s tariff plan is targeting both memory chips and foundry services. This policy has sparked concerns among major industry players such as Samsung Electronics, SK Hynix, … Read more
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