South Korea plans emergency response over US tariffs on autos

South Korea plans emergency response over US tariffs on autos

Trump's auto tariffs: South Korea holds emergency meeting to discuss plans to help automakers

According to the US Commerce Department’s International Trade Administration, South Korea became the third-largest exporter of automobiles to the US in the past year, with shipments valued at $36.6 billion, following Mexico and Japan

South Korea plans emergency response over US auto tariffs

Parts suppliers are expected to be hit particularly hard.

South Korea urged to soften US tariffs blow

The South Korean auto industry has called on the national government to introduce measures to offset the effects of US tariffs.The post South Korea urged to soften US tariffs blow appeared first on Investment Monitor.

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South Korea to hold emergency meeting on US auto tariffs

The government will hold an emergency meeting with local automotive companies on Thursday to discuss the possible impact of the US administration's plan to start imposing auto tariffs next week, the industry ministry said.