Korean and Japanese automakers are restructuring production to avoid U.S. tariffs, with Japan reimporting U.S.-built cars and Korea expanding local output.
The Treasury Department says tariff rebate checks would target working families and include income limits, though the proposal remains under negotiation and would require congressional approval.
South Korea’s Foreign Minister Cho Hyun rejected claims of anti-Americanism surrounding the $350 billion U.S. demand, stressing that the ongoing U.S.-Korea trade talks aim to protect national interests while reinforcing the alliance.
Apple and Samsung Electronics have temporarily avoided U.S. tariffs on key tech products after the Trump administration exempted smartphones, laptops, and semiconductors from a sweeping trade policy. However, future restrictions remain likely, with a pending investigation into semiconductor imports potentially leading to new tariffs.