Auto tariff break offers lifeline to Japan, EU, and South Korean carmakers

Digitimes
By Elaine ChenAug 13, 2025, 1:55 am176 pts
President Donald Trump has reached a new tariff agreement with key US trade partners, including the European Union, Japan, and South Korea, setting a unified reciprocal tariff rate of 15% that for the first time includes automobiles and auto parts. The policy, which took effect on August 7, 2025, could deliver…

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