US EditionHyundai Motor Group Chair Chung heads to US to back South Korea trade talks
SEOUL, SOUTH KOREA, JUL 30 – Hyundai Chair Chung joins final US tariff talks aiming to reduce 25% tariffs on Korean steel, aluminum, and autos, potentially saving Hyundai over $3 billion this year, analysts say.
13 Articles
13 Articles
Hyundai chief joins Samsung, Hanwha in US tariff blitz
Hyundai Motor Group Executive Chair Chung Eui-sun will visit Washington on July 30 to back South Korea's final-stage trade negotiations with the US, joining Samsung Chairman Lee Jae-yong and Hanwha Vice Chair Dong-kwan (DK) Kim in lobbying efforts. The talks aim to reduce the 25% US import tariff on cars, a key issue for Korean automakers seeking to maintain price competitiveness.
Washington, 30 Jul (EFE).- U.S. President Donald Trump offered South Korea this Wednesday the possibility of reducing tariffs to that country, which currently stands at 25%. The Republican leader announced on his network, Truth Social, that today he will meet with a South Korean delegation. “South Korea currently has a 25% tariff, but they have made an offer to reduce those tariffs. I’ll be interested to hear what that offer is,” he said. Trump …
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