Summary: The article describes how the Trump administration's decision to lower tariffs on vehicles from South Korea will benefit Hyundai and GM. Both automakers have paid billions of dollars in tariffs this year and will see significant cost savings with the tariff reduction. The article also mentions that the tariff reduction comes after a period of tension between the U.S. and South Korea, including an immigration raid at a battery plant in Georgia.

Link: https://www.cnbc.com/2025/12/03/trump-south-korea-tariffs-vehicles-hyundai-gm.html