US EditionSamsung under pressure as US tariffs rattle South Korean economy
- In 2025, Trump's tariff threats shook Samsung's supply chains, impacting Asian economies.
- South Korea's economy relies heavily on exports, making it vulnerable to trade policy changes.
- Samsung makes half its phones in Vietnam, where labor costs are much lower.
- KB Securities estimated tariffs could expose 33% of Samsung's profit, about $2.7 billion.
- Trump paused tariff plans, but Samsung and LG may move investments to the U.S.
63 Articles
63 Articles
Channel News Asia
What Samsung and Vietnam stand to lose in Trump's tariff war
Samsung is Vietnam's biggest foreign investor and exporter, but that reliance on the country threatens to backfire as Hanoi is racing to negotiate with the Trump administration to lower a punishing potential 46 per cent tariff.
Samsung under pressure as U.S. tariffs rattle South Korean economy
Sipping tea on her break outside a Samsung Electronics factory in northern Vietnam, worker Nguyen Thi Mai said she had heard about U.S. President Donald Trump's tariffs, but hoped it would not affect business. Samsung, the world's second-largest phone maker, produces around half of its handsets in Vietnam, and Trump's…
TechXplore
Samsung under pressure as US tariffs rattle South Korean economy
Sipping tea on her break outside a Samsung Electronics factory in northern Vietnam, worker Nguyen Thi Mai said she had heard about US President Donald Trump's tariffs, but hoped it would not affect business.
South Korea unveils $2bn aid package to combat Trump’s car tariffs
South Korea on Wednesday unveiled a $2 billion emergency support package for its crucial export-focused carmakers, warning US President Donald Trump’s 25 percent tariffs on the sector could be a “significant blow”. “Given that automobiles and auto parts are South Korea’s top exports to the US, the decision to impose a 25 percent tariff on
Reeling From Trump’s Tariffs, South Korea Tries Striking a Delicate Balance - Overpasses For America
As its trade negotiators rushed to Washington to seek a reprieve from President Donald J. Trump’s blanket tariffs, South Korea on Wednesday announced new measures to soften the blow of levies on the country’s carmakers. The two efforts underlined the delicate balance that South Korea needs to strike after the country, one of the most loyal U.S. allies in Asia, was hit by some of the heaviest tariff rates announced by President Trump last week. M…
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