Following a $21 billion investment pledge in the United States, South Korean automaker Hyundai Motor promptly cautioned American dealers about the potential impact of President Trump's proposed 25% tariff on imported cars and parts. The company is currently reassessing its pricing strategies, with a potential price increase for vehicles now looming on the horizon. The CEO of Hyundai Motor North America indicated that changes in wholesale car prices could take effect after April 2, the date Trump previously announced for the implementation of these tariff measures.
