General Motors is under pressure to clarify its plans for the future of a key manufacturing hub in South Korea, as the country’s trade talks with the Trump administration to mitigate steep car tariffs remain unresolved.
GM Korea’s two carmaking plants produce affordable compact vehicles, principally for the North American market, accounting for nearly 17 per cent of the group’s US vehicle sales.
That puts the Detroit auto company at the heart of Donald Trump’s trade war, with executives counting on Washington to strike a deal with Seoul that would lower a 25 per cent tariff imposed in April.
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