The U.S. has a trade deal with South Korea. The company breathing a sigh of relief on the news is General Motors.It operates several facilities in the country, including two assembly plants.GM stock rose 2.

The Trump administration announced a trade deal to impose a 15% tariff on imports from South Korea. The post Trump announces trade deal with South Korea, imports face 15% tariff appeared first on FreightWaves.

U.S. President Donald Trump said on Wednesday the U.S. would charge a 15% tariff on imports from South Korea as part of an agreement to avoid even higher levies.