South Korea braces for economic blow as US tariffs target auto exports

Apr 2, 2025 #SouthKorea #US #UnitedStates
Countries around the world are bracing for what Donald Trump has called "Liberation Day" - the introd
Apr 2, 2025 #SouthKorea #US #UnitedStates
Countries around the world are bracing for what Donald Trump has called "Liberation Day" - the introduction of a raft of tariffs on goods imported into the United States that are expected on Wednesday.
South Korea is the third-largest exporter of vehicles and auto parts to the US.
The Trump administration’s 25 percent tariffs jeopardise those trade flows, worth more than 44 billion dollars a year.

Al Jazeera’s Jack Barton reports from Seoul, South Korea.

 

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