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As Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai - TL;DR CNBC

As Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai

Publishing timestamp: 2025-02-13 16:47:56


Summary

President Trump's potential tariffs on South Korea and Japan could impact the auto industry outside of North America, with South Korea being the largest exporter of vehicles to the U.S. after Mexico. Companies like General Motors and Hyundai could be affected by the tariffs, which could lead to increased costs for consumers. Ford Motor CEO Jim Farley called for a comprehensive look at all countries to level the playing field in North America.


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Keywords: honda motor co ltdphoenix motor inctoyota motor corpunited statessouth koreabusiness newsgeneral motors cojapanbusinessmark reussnissan motor co ltdtransportationinternational tradedonald j. trumpautosdonald trumpford motor cohyundai motor cobreaking news: business

Source: https://www.cnbc.com/2025/02/13/trump-tariffs-gm-hyundai-south-korean-imports.html


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