Yonhap Infomax NewsJul 31, 2025
South Korea and the US reached a customs agreement lowering tariffs to 15%, easing industry fears but leaving automakers and steelmakers disappointed, while shipbuilding stands to benefit from a $150 billion cooperation fund.
#YonhapInfomax #CustomsAgreement #AutomobileTariffs #SteelIndustry #Shipbuilding #InvestmentFund #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=74831
[Customs Agreement] Mixed Results for Korea-US Talks—Automobiles and Steel Disappointed, Shipbuilding Emerges as Winner

South Korea and the US reached a customs agreement lowering tariffs to 15%, easing industry fears but leaving automakers and steelmakers disappointed, while shipbuilding stands to benefit from a $150 billion cooperation fund.

Yonhap Infomax
Yonhap Infomax NewsJul 31, 2025
South Korea’s KOSPI index surged to a fresh annual high after a comprehensive customs agreement with the U.S., with shipbuilding stocks rallying on news of a $150 billion cooperation fund, while auto shares declined amid tariff impacts.
#YonhapInfomax #KOSPI #CustomsAgreement #HanwhaOcean #HDHyundaiHeavyIndustries #ShipbuildingFund #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=74788
[Customs Agreement] KOSPI Pauses After Hitting Record High—Shipbuilding Stocks Rally

South Korea’s KOSPI index surged to a fresh annual high after a comprehensive customs agreement with the U.S., with shipbuilding stocks rallying on news of a $150 billion cooperation fund, while auto shares declined amid tariff impacts.

Yonhap Infomax