South Korea Says Timing of US Tariff Cut on Autos Not Decided
3 Articles
3 Articles
South Korea Sees Softer Treatment From US Tariffs on Semiconductors, Pharma
Finance Minister Koo Yun-cheol mentioned that South Korea was the most favoured country in the recent agreement. South Korea’s finance minister announced that the country has secured a commitment from the United States (US), ensuring that it would not face harsher treatment if Washington proceeds with new tariffs on semiconductors and pharmaceuticals. President Donald Trump announced that the US will impose a 15% tariff on imports from South Ko…
South Korea and the United States are in new talks to cut tariffs on auto exports, the South Korean industry minister said on Wednesday. The minister said Seoul needs further consultations with Washington on when to implement the agreed tariff cut from the current 25 percent. The development comes days after former U.S. President Donald Trump said the United States would impose a 15 percent tariff on imports from South Korea, including cars, as …
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