KOREAN CARMAKERS BRACE FOR TARIFFS

#automobile_sector #reciprocal_tariffs #US_production #KBS #EnglishNews #Newstoday #KBSnewsenglish

The U.S. has pinpointed South Korea as a major player in its trade deficit. The automobile sector is one of the key concerns. With looming tariffs set for next month, increasing U.S. production, as per U.S's demand, could cut South Korea's auto exports by 20%. We take a look at what this means.

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