Announcement
09 Apr 2025
In April 2025, the South Korean government announced "Emergency Response Measures for Strengthening the Automobile Ecosystem" in response to recent US tariffs on automobiles and automobile parts.
Source
Number of interventions
5
5 certainly harmful
0 likely harmful
0 liberalising
Implementation date
01 Jun 2025
Revocation date:
31 Dec 2025
Implementation date
09 Apr 2025
Revocation date:
No revocation date
Announced: 29 May 2025
Republic of Korea: KODIT provides KRW 260 billion in guarantees to Hyundai Motor Group's suppliers affected by US tariffs
Announced: 22 May 2025
Republic of Korea: Government adopts additional state aid under Financial Support Plan for Addressing Trade Risks
Announced: 29 Apr 2025
Republic of Korea: KODIT provides KRW 240 billion in guarantees to support Hyundai Motor Group and partner companies' advancement into overseas markets
Clarification: 24 Mar 2026
United States of America: U.S. Administration announces 25 percent tariffs on automobile imports to address national security risks
Announced: 18 Feb 2025
Republic of Korea: Export Support Plan announced, including Tariff Response Package
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