Hyundai misses profit estimates as Trump’s tariffs continue to trouble Korean carmaker

Hyundai and its affiliate Kia Corp. were among the most severely impacted by US tariffs. They were shocked this week when President Donald Trump announced that he would raise auto levies to 25% once more, citing the country’s legislature’s inability to specify the terms of the trade agreement the two countries reached last year.

Leave a Reply

Your email address will not be published. Required fields are marked *