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South Korea and the United States to Discuss Timing of Auto Tariff Reduction
2025-08-06 /
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Author：小编
On August 6, South Korea's Minister of Industry announced on Wednesday that further discussions with the United States are needed regarding the timing of reducing the 25% tariff imposed on South Korean auto exports to the US. Last week, President Trump announced that as part of an agreement aimed at easing trade tensions between South Korea and the US, the US would impose a 15% tariff on South Korean goods, including automobiles. South Korea is not only one of the top ten trading partners of the US but also a significant Asian ally.
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