Shares of Korean car companies rose on the announcement, which followed South Korea’s move to codify into law its investment commitments to the United States.
Tariff income is expected to surge as inventories of goods bought before the levies kicked in are depleted and importers face the full weight of trade policies.
Shares of Korean car companies rose on the announcement, which followed South Korea’s move to codify into law its investment commitments to the United States.
Tariff income is expected to surge as inventories of goods bought before the levies kicked in are depleted and importers face the full weight of trade policies.