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President Lee Jae Myung expressed concerns over the proposed U.S. tariffs on semiconductor imports.
President Lee warned U.S. semiconductor tariffs could raise American consumer prices significantly.
KEY POINTS
- Lee highlighted near-monopolistic control of global semiconductors by South Korean and Taiwanese firms.
- South Korea's recent record surge in semiconductor exports is driven partly by AI-related demand.
- Lee emphasized South Korea's protections via trade agreements amid U.S. tariff discussions.
- An investigation into the Unification Church's political involvement is currently underway in South Korea.
COMPANIES
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