# Semiconductor chips would not fall under the tariffs newly imposed by former President Donald Trump.

*semiconductor, business · news · 2026-02-23 · Devdiscourse*

## Key points

- South Korea's Industry Minister warned of unclear refund processes for U.S. tariffs post-Supreme Court ruling.
- Minister Kim clarified that semiconductor chips are excluded from newly proposed U.S. tariffs.
- Exporters now have assurance that South Korea's semiconductor industry will not be impacted by these tariffs.
- The announcement addresses and eases industry concerns about potential U.S. trade policy changes.

South Korea's Industry Minister Kim Jung-kwan expressed concerns on Monday regarding uncertainty in the refund process for U.S. tariffs after a recent U.S. Supreme Court decision. Addressing reporters, Minister Kim highlighted that semiconductor chips would not fall under the tariffs newly imposed by former President Donald Trump. This announcement provides clarity to exporters worried about potential impacts on key industries, ensuring that South Korea's semiconductor sector remains unaffected.

**Countries:** South Korea, United States

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/law-order/3814045-south-korea-awaits-clarity-on-us-tariff-refunds)

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