Kia Motors to Be Hit by New USMCA Trade Deal: Report

SEOUL, Oct. 2 (Korea Bizwire) — The manufacturing costs of South Korea’s No. 2 automaker, Kia Motors Corp., are forecast to rise due to the new US-Mexico-Canada Agreement (USMCA), a report showed Tuesday. According to the report by the Korea International Trade Association (KITA), automakers producing vehicles in Mexico and Canada for export to the [...]