Why Trump's South Korea Tariffs Add Fuel To Memory-Chip Crunch - iShares MSCI South Korea ETF (ARCA:EWY), Micron Technology (NASDAQ:MU)
Benzinga·2026-01-27 16:40
President Donald Trump escalated trade pressure on South Korea by raising tariffs to 25%, a move that risks tightening one of the most fragile corners of global supply chains: memory chips.In a statement posted Tuesday, Trump said South Korea's legislature failed to approve a trade agreement reached on July 30, 2025, and reaffirmed during his October visit to the country."Our Trade Deals are very important to America," Trump wrote.Trump said South Korea's National Assembly has not enacted the agreement, pro ...