US Officials Contemplate Reduction of Auto Industry Tariffs Amid Trade Policy Shift

In a significant move that could reshape the landscape of the automotive industry, U.S. officials are actively considering easing tariffs imposed on imports within the sector. This development signals a potential shift in the administration's trade policy, aiming to bolster industry growth while also addressing economic concerns that have emerged in recent years.

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Hyundai CEO Predicts Gradual Increase in Car Prices Amid Tariff Adjustments

In a recent statement, Hyundai’s CEO outlined expectations for the automotive market, predicting a gradual uptick in vehicle prices as tariff-related pressures gradually ease. This forecast reflects the company's strategic positioning in a rapidly shifting economic landscape, marked by fluctuating trade policies and rising material costs.

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