🇰🇷 South Korea 2d ago · mhlee@koreatimes.co.kr(KoreaTimes)

Trump’s EU tariff hike puts Hyundai back on edge

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Trump’s EU tariff hike puts Hyundai back on edge
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Hyundai Motor Group is on high alert after U.S. President Donald Trump abruptly raised tariffs on European Union vehicle imports, heightening concerns the Korean automaker could face similar pressure due to Seoul's refusal to support Washington’s military actions in Iran, experts and industry officials said Monday. Starting from Monday (local time), the United States began to increase tariffs on passenger cars and trucks imported from the EU to 25 percent, up from the current 15 percent. The mov

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