Market Chatter: GM Korea, South Korea's Trade Ministry Discuss Impact of US Auto Tariffs

MT Newswires Live

Mar 07, 2025

Detroit-based automaker General Motors's South Korean unit GM Korea met with South Korean trade officials on Thursday to discuss potential responses to the Trump administration's plan to impose 25% tariffs on imported cars, Yonhap News reported Thursday, citing sources familiar with the matter.

While details of the meeting remain undisclosed, the talks likely reportedly focused on the impact on GM Korea, which exports 85% of its vehicles to the US market. Concerns persist over the company's future in South Korea if the tariffs take effect, Yonhap News reported Thursday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Concerns persist over the company's future in South Korea if the tariffs take effect, Yonhap News reported Thursday.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0477156797.USD","symbol_name":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2517126871","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517126871","pubTimestamp":1741321894,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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Concerns persist over the company's future in South Korea if the tariffs take effect, Yonhap News reported Thursday.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}