S. Korean Auto Exports Could be Hard Hit If U.S. Opts to Restrict Imports: IIT

SEOUL, Sept. 30 (Korea Bizwire) — South Korean autos will likely be hard hit if the United States decides to slap 25 percent tariffs on foreign vehicles and auto parts under its Trade Expansion Act, a local think tank said Sunday. According to a report by the Institute for International Trade (IIT), auto exports from [...]