Trump says tariffs on South Korean autos, pharma, to rise to 25% over trade deal approval delay

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Why This Matters

US President Trump has announced a 25% tariff increase on South Korean autos and pharma imports, citing a delay in trade deal approval, which may impact Hyundai Motor's US sales and other affected companies.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

South Korean-based automaker Hyundai Motor is the largest importer of new vehicles from that country into the United States.

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Original article published by CNBC on January 27, 2026.
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