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South Korean auto shares dip after Korea-U.S. trade deal

ReutersJul 31, 2025 12:53 AM

- Shares of South Korean automakers Hyundai Motor 005380.KS and Kia Corp 000270.KS lost ground on Thursday after U.S. President Donald Trump said the U.S. will charge a 15% tariff on imports from South Korea, including autos, as part of a trade deal.

Hyundai Motor shares were down 2% and Kia Corp stock lost 3.3%.

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