Announcement
29 May 2025
In May 2025, the Korean Credit Guarantee Fund (KODIT) announced providing KRW 260 billion in guarantees to auto part manufacturing partners of Hyundai Motor Group that are affected by US tariffs and other factors.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
29 May 2025
Revocation date:
No revocation date
Announced: 18 Aug 2025
Republic of Korea: K-Sure provides KRW 630 bilion in guarantees to Hyundai Motor Group suppliers under Export Supply Chain Strengthening Guarantee
Announced: 09 Apr 2025
Republic of Korea: Emergency Response Measures for Strengthening the Automobile Ecosystem
Clarification: 24 Mar 2026
United States of America: U.S. Administration announces 25 percent tariffs on automobile imports to address national security risks
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