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President Donald Trump is considering increasing tariffs on U.S. trading partners, which would significantly impact the auto industry, particularly South Korea and Japan. These countries produced a combined 16.8% of vehicles sold in the U.S. last year, with South Korea becoming the second-largest exporter of new cars to the U.S. after Mexico. General Motors and Hyundai Motor are among the automakers that export vehicles tariff-free from South Korea, posing a potential risk for these players as they face potential tariffs.
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