Donald Trump’s ‘good news’ for Toyota and Honda poses ‘dangerous threat’ to Hyundai Motor, Kia

Donald Trump’s tariff reduction on Japanese auto imports has sparked concern for Hyundai and Kia. The move, lowering tariffs to 15% for Japan while Korean automakers face 25%, threatens their U.S. market competitiveness. With significant export reliance on the U.S., Hyundai and Kia face potential financial strain, having already reported substantial profit losses.