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Analysis: Trump's Proposed Auto Tariffs Could Cause South Korean Exports to the US to Drop by Almost 20%
2025-03-27 /
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Author：小编
President Trump of the United States has declared that a 25% tariff will be imposed on all imported automobiles beginning next month. This decision is anticipated to have a significant impact on South Korean automakers, who heavily depend on exports to the US market. In 2024, South Korea exported automobiles worth $34.7 billion to the US, representing nearly half of its total auto exports for that year.
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