The United States has restarted global negotiations on reciprocal tariffs, offering key concessions to major auto-exporting nations—including the European Union, Japan, and South Korea. As part of the revised framework, the US has reduced import tariffs on vehicles and auto parts from 25% to 15%, prompting a mix of relief and recalibration among global automakers.
Tariff relief for EU, Japan, and Korea: carmakers lives—for now
06
Aug