South Korea, new trade deal to eliminate 99.8% of industrial tariffs
The new trade agreement would sharply reduce tariffs on most traded goods, easing cross-border industrial supply costs and flow frictions.
Source →The trace
How it reaches your house.
Starting from SK Global Chemical (SK Geo Centric), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
SK Geo Centric (SK Innovation subsidiary) →Prices easeEliminating industrial tariffs should lower the landed cost of this traded input, but the effect is moderated by its not-sole-source profile and moderate substitutability.
67% confidenceSK Geo Centric (SK Innovation subsidiary) →Prices easeTariff removal should ease cross-border procurement costs for this input, though the transmission is somewhat damped by its higher substitutability and lack of sole-supplier status.
64% confidenceSK Global Chemical (SK Geo Centric) →Prices easeHop 2
Propylene Glycol (PG) →Stands to benefitSouth Korea (Republic of Korea)
South Korea supplies 46.3% of PG, so eliminating industrial tariffs should improve export competitiveness and ease flow for the dominant source of this input.
84% confidenceEPDM / Rubber Seals and Gaskets (Plumbing) →Stands to benefitSouth Korea accounts for 10% of this input's supply, so eliminating tariffs should modestly improve Korean export flow and competitiveness into this node.
68% confidenceEPDM / Rubber Seals and Gaskets (Plumbing) →Prices easeHop 3
South Korea →Prices easeHBM (High Bandwidth Memory) Stack
South Korea supplies 79% of HBM stack output, so tariff removal should lower cross-border costs for this input.
94% confidenceSouth Korea →Prices easeHigh-Bandwidth Memory (HBM3/HBM3E)
South Korea accounts for about 80% of HBM3/HBM3E supply, so eliminating industrial tariffs should reduce landed cost and improve availability of this memory.
94% confidenceSouth Korea →Prices easeWith South Korea supplying 75% of GDDR graphics memory, tariff elimination should make it cheaper for downstream buyers.
Hop 4
DRAM Memory Modules (LPDDR5/DDR5) →Stands to benefitSouth Korea supplies 70% of DRAM memory modules, so eliminating tariffs on South Korean industrial goods should improve that source country's export competitiveness.
91% confidenceHBM (High Bandwidth Memory) Stack →supply upHBM is a critical, near-immutable input to GPUs and AI accelerators, so tariff removal should make that input easier and cheaper to source across borders.
89% confidenceHigh-Bandwidth Memory (HBM3/HBM3E) →supply up
Where it lands
What you buy, and what you own.
Goods you buy
Plumbing pipes and fittings · Cooking oils · GPUs and AI accelerators · Servers and cloud hardware · Smartphones and tablets · Video game consoles & games · Watches
In the MyPRIA app, this is checked against your own holdings.