South Korea automakers' shares rise on hope of U.S. tariff exemption

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South Korea automakers' shares rise on hope of U.S. tariff exemption
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South Korean automakers saw their shares rise on Monday on optimism they would b...

FILE PHOTO: The logo of Hyundai Motors is pictured at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song

He also said a U.S.-South Korea bilateral trade deal, revised last year and in which Seoul made auto sector concessions, “could help to address the threatened impairment of national security”. “The government will not lay back and will continue all-out efforts to persuade the United States not to put Korea on the list,” Hong said.

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