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2025-07-31 07:22:21
South Korea's presidential office said the purchase of artificial intelligence chips is not part of the deal. South Korea's reciprocal tariff and auto tariff rates will be set at 15%. South Korea agreed to purchase $100 billion worth of liquefied natural gas. Steel, aluminum, and copper were not included and their status remains unchanged. Direct investment will be lower. South Korea will be treated no worse than other countries in the semiconductor and pharmaceutical sectors. The online platform law was not included in the trade agreement.
