South Korean car stocks rose on Tuesday after U.S. Commerce Secretary Howard Lutnick confirmed that reduced U.S. tariffs of 15% on South Korean car imports will be implemented retroactively, effective November 1.
South Korean Car Stocks Rise After Tariff Reduction Confirmation
South Korean car stocks rose on Tuesday after U.S. Commerce Secretary Howard Lutnick confirmed that reduced U.S. tariffs of 15% on South Korean car imports will be implemented retroactively, effective November 1.