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Why major chip stocks are in the green, despite Trump's 100% tariff threat
President Donald Trump stunned markets Wednesday by announcing 100% tariffs on imported semiconductor chips — but major chip stocks rallied. Taiwanese chip giant TSMC's stock closed 4.9% higher. In South Korea, Samsung Electronics ended 2.5% higher while SK Hynix reversed losses of over 3% in early trade to close 1.4% up.
TSMC, South Korea Chipmakers Shares Rise on Trump’s Semiconductor Tariffs
Shares of Taiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics and SK Hynix closed higher on Thursday, as all the companies appear to emerge unscathed in President Donald Trump’s proposed 100% tariffs on all imported semiconductors.
The US and South Korea are entering a new era of trade relations. Patrick Cronin, an Asia-Pacific expert at the ...
South Korea's top trade envoy Yeo Han-koo said on Thursday that Samsung Electronics and SK Hynix will not be subject to 100% ...
President Donald Trump's new tariff rates on U.S. imports from dozens of countries have taken effect, the latest chapter in ...
President Donald Trump announced a new trade deal with South Korea, which calls for 15% tariffs on goods from there.
SEOUL, Aug 5 (Reuters) - South Korea will prepare measures to help companies cope with higher U.S. tariffs and expand into ...
Foreign investors flocked to Asian stocks for the third straight month in July, with inflows into Taiwan hitting a near ...
US President Donald Trump has now imposed a 15% import tax on South Korean goods traded between Seoul and Washington. It's ...
7don MSN
Trump announces South Korea trade deal with $350B US investment hours before tariff deadline
I am pleased to announce that the United States of America has agreed to a Full and Complete Trade Deal with the Republic of ...
9hon MSN
South Korea trade envoy says Samsung, SK Hynix will not be subject to 100% US tariffs on chips
South Korea's top trade envoy Yeo Han-koo said on Thursday that chipmakers Samsung Electronics and SK Hynix will not be ...
President Trump officially began levying higher tariffs on dozens of countries Thursday, just as the economic fallout of his months-long tariff threats was beginning to create visible damage to the U.
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