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.
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