Kim Byung-ki, Floor Leader of the Democratic Party of Korea, introduced a special bill to boost Korea-US strategic investment, aiming to lower auto tariffs and channel $200 billion into key sectors, pledging thorough review to maximize national economic benefit.
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Kim Byung-ki - 'Special Act on US Investment Is a National Interest Law—Will Be Thoroughly Refined Based on On-Site Demands'
Kim Byung-ki, Floor Leader of the Democratic Party of Korea, introduced a special bill to boost Korea-US strategic investment, aiming to lower auto tariffs and channel $200 billion into key sectors, pledging thorough review to maximize national economic benefit.
Presidential Office Says 'Significant Export Uncertainty Removed—15% Auto Tariff Disappointing'
South Korea and the US reached a tariff deal lowering mutual tariffs to 15%, easing export uncertainty but disappointing on auto tariffs; major investment funds and market protections were secured.
South Korea and the US reached a tariff agreement lowering mutual tariffs to 15%, easing export uncertainty, but Seoul expressed regret over the 15% auto tariff while securing key concessions in shipbuilding and agriculture.
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Presidential Office Says Export Uncertainty Largely Removed—Regrets 15% Auto Tariff
South Korea and the US reached a landmark tariff agreement, lowering mutual tariffs to 15% and reducing export uncertainty, though Seoul regrets the auto tariff rate.
The United States and Japan have agreed to lower tariffs on Japanese automobiles to 15%, down from a planned 25%, in a landmark trade deal expected to spur major Japanese investment and job creation in the U.S.
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Trump - '25% Tariff on Non-American Cars' - Expects $100 Billion in Revenue (Update)
Trump announces 25% tariff on non-US cars, expecting $100 billion revenue; automakers' stocks fall amid manufacturing job revival claims
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