The conference failed to calm South Korea's semiconductor and auto industries.

Presidents Yoon Suk Yeol and Joe Biden met, but little concrete came out of it to soothe South Korean chip producers' and automakers' concerns about Washington's increasingly protectionist policies, leaving them disappointed. After their meeting on Wednesday, the two presidents held a joint news conference to announce their commitment to increase collaboration in high-tech areas such as semiconductors, electric vehicles, and batter....