Hyundai and Daimler Rush as Trump Puts Autos Review Back in Drive — Panjiva
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Hyundai and Daimler Rush as Trump Puts Autos Review Back in Drive

Cons. Discr. - Autos 661 Germany 162 Mexico 505 South Korea 383 Tariffs 1169 USMCA 373

President Trump may shortly receive the results of the section 232, national security, review of the automotive sector. On the one hand the timing is a surprise given trade talks with the EU and Japan – who have a temporary exemption – are still underway. On the other near-term action may be designed to preempt any moves by the new Congress to change the section 232 rules. There’s already signs of imports of parts accelerating, with a growth of 15.2% in October vs. a year earlier to reach a record high excluding Canada and Mexico. Hyundai’s imports, led by shipments from South Korea, hav...

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