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Global Trade Alert

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Republic of Korea: Emergency Response Measures for Strengthening the Automobile Ecosystem

Description

On 9 April 2025, the South Korean government announced "Emergency Response Measures for Strengthening the Automobile Ecosystem" in response to recent US tariffs on automobiles and automobile parts (se...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Apr 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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