US Cuts South Korean Auto Tariffs To 15% In Response To Strategic Investment Legislation
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 bene…
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