South Korean Exports News - Latest Updates & Headlines
Hyundai Motor rules out immediate price hike in US despite tariff hike
Seoul, April 3: Hyundai Motor has no plans to raise vehicle prices in the United States for now despite Washington's 25 per cent duties on automobile imports under US President Donald Trump's ‘America First’ trade policy, the automaker's chief executive officer (CEO) said on Thursday.
Steelmakers brace for Trump's tariffs with US production, higher-value products
Seoul, April 2: South Korean steelmakers are bracing for US President Donald Trump's sweeping tariffs with possible plans to build production facilities in the United States, industry officials and market observers said on Wednesday.