[On-point] Will Samsung, SK hynix be exempt from Trump's semiconductor tariffs?

As we just heard, the world's two largest economies are expected to extend their truce on tariffs while the Trump administration is also planning to impose 100 percent tariffs on foreign-made semiconductors.

For more on how this may affect Korean businesses and the economy, we're joined by Kim Hwa-gyun, Professor of Banking and Finance at Texas A&M University, Mays Business School.

Professor Kim, thanks for joining us this morning.

1. The tariff truce between the United States and China was initially set to expire on Tuesday, but it's now been extended. How is this expected to impact the global economy?

2. Eyes are now on whether Korean chipmakers will be impacted by the Trump administration's new tariff on semiconductors. Will Samsung Electronics and SK hynix be exempt from them, as they're building plants in the U.S.? And what do the tariffs mean for the prices of electronic devices like smartphones and computers?

3. It was recently unveiled that Samsung Electronics will supply chips to Tesla and Apple from its new Texas facility. What drove these tech giants to select the Korean chipmaker? And how might these deals help Samsung regain ground against its biggest competitor, TSMC?

4. Trump said he will initially impose a "small tariff" on pharmaceuticals, but said it could eventually reach up to 250%. How must Korean companies prepare for this measure?

Alright Professor Kim, thank you so much for your insight today. We appreciate it.