Hyundai shares fall after Trump says tariffs on South Korean autos, pharma to rise to 25%

Hyundai shares fall after Trump says tariffs on South Korean autos, pharma to rise to 25%

U.S. President Donald Trump speaks at the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 29, 2025. Tyrone Siu | Reuters President Donald Trump said Monday that he was increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% because of a delay in that country’s … Read more