S. Korea takes cautious stance after US tariff hike on EU
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South Korea will carefully assess how the Trump administration's move to raise tariffs on the European Union (EU)'s autos and trucks could affect its own trade deal with the United States and respond accordingly, a Cheong Wa Dae official said Saturday. The comments came after U.S. President Donald Trump said Friday (local time) that his administration will increase tariffs on cars and trucks from the EU to 25 percent next week, from the 15 percent rate agreed under last year's tariff deal. Prior
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