The Korea Times
Hyundai Motor Group is on high alert after U.S. President Donald Trump abruptly raised tariffs on European Union vehicle imports, heightening concerns the Korean automaker could face similar pressure due to Seoul's refusal to support Washington’s military actions in Iran, experts and industry officials said Monday. Starting from Monday (local time), the United States began to increase tariffs on passenger cars and trucks imported from the EU to 25 percent, up from the current 15 percent. The move was justified by Trump as a response to what he described as the bloc’s failure to comply with a bilateral trade agreement reached in July last year. While the measure directly targets European carmakers, market watchers warn that it could set a precedent for similar actions against other U.S. partners, including Korea. They said the scenario is still feasible in light of Seoul’s decision not to participate in the U.S.-led military operations against Iran. Trump has openly expressed dissatisfaction with allies that declined to support Washington’s request to deploy naval forces to the S
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