South Korea's Industry Minister says chips are not subject to Trump's new tariffs and noted uncertainty regarding US tariffs refund
The statement from South Korea's Industry Minister indicates that semiconductor products will not face the newly imposed tariffs by the Trump administration, which could alleviate immediate concerns in the tech sector.
PRE-MARKET HONG KONG STOCKS NEWS: Alibaba's (9988 HK) Qwen announced the launch of the Qwen Coding Plan, which supports more models, introducing the new Qwen3.5-Plus and Qwen3-Coder-Next
Japan is mining for deep sea rare earths to combat China's chokehold, according to FT
South Korea's Industry Minister says chips are not subject to Trump's new tariffs and noted uncertainty regarding US tariffs refund
Goldman Sachs raises its 2026 Q4 Brent oil forecast by USD 6 to USD 60/bbl
South Korean Embassy in Iran advised Korean nationals to leave Iran amid increasing tensions over a possible US military strike on Tehran, according to Yonhap
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However, the mention of uncertainty regarding tariffs refunds introduces potential complexity that traders should monitor closely, as it may impact sentiment towards US-South Korea trade relations and broader market risk perceptions.
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