South Korea sees room for cooperation with Taiwan on US chip tariffs, trade minister says

South Korea sees room for cooperation with Taiwan on US President Donald Trump’s tariffs on chips, the country’s trade minister said on Monday.

“Taiwan is also in negotiations, so there is room for South Korea and Taiwan to get the most favourable treatment through cooperation,” Minister for Trade Yeo Han-koo said in a radio interview.

South Korea finalised this month a trade deal to reduce U.S. tariffs in return for large South Korean investments in U.S. strategic sectors, while Taiwan’s trade negotiations are in progress.

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