US Cuts South Korean Auto Tariffs To 15% In Response To Strategic Investment Legislation
Strong Bearish
-100.0
U.S. Commerce Secretary Howard Lutnick has confirmed a substantial cut in the general tariff rate on imports from South Korea, including automobiles, to 15%.
South Korea Moves to Activate Full Trade Deal
This decision is retroactive to November 1, 2025, as South Korea has introduced legislation in its parliament to fulfill its strategic investment commitments to the U.S. This move is expected to unlock the full benefits of South Korea’s trade deal with President Donald Trump.
Lutnick noted that the U.S. will remove tariffs on airplane parts and “un-stack” Korea's reciprocal rate to match those of Japan and the EU.
Statement from Secretary Lutnick on the historic U.S.- Korea trade deal: "The Republic of Korea has officially moved to implement their strategic-investment legislation in pa
South Korea Moves to Activate Full Trade Deal
This decision is retroactive to November 1, 2025, as South Korea has introduced legislation in its parliament to fulfill its strategic investment commitments to the U.S. This move is expected to unlock the full benefits of South Korea’s trade deal with President Donald Trump.
Lutnick noted that the U.S. will remove tariffs on airplane parts and “un-stack” Korea's reciprocal rate to match those of Japan and the EU.
Statement from Secretary Lutnick on the historic U.S.- Korea trade deal: "The Republic of Korea has officially moved to implement their strategic-investment legislation in pa
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.