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.
Sentiment: NEUTRAL
Tickers: HMC, GM, TM, F, NISE-FF, HYUO-GB,
Keywords: honda motor co ltd, phoenix motor inc, toyota motor corp, united states, south korea, business news, general motors co, japan, business, mark reuss, nissan motor co ltd, transportation, international trade, donald j. trump, autos, donald trump, ford motor co, hyundai motor co, breaking news: business,
Source: https://www.cnbc.com/2025/02/13/trump-tariffs-gm-hyundai-south-korean-imports.html