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In addition, the Democratic Party and the government decided to take comprehensive measures to deal with the imposition of tariffs on imported cars on May 5.
Kim Tae-young, Chairman of the Political Committee of the Democratic Party,
The US Department of Commerce (MOFE) announced that it had received approval from the Ministry of Commerce, Industry and Energy (MOCIE) Ministry of Commerce, Industry and Energy
President Kim Tae-young said in his remarks: "If Korean automobiles are included in tariffs, the domestic auto industry will suffer tremendous damage. "The net loss of exports will reach $ 66.2 billion over the next five years," [19659004] "We are concerned not only with the finished car, but also with parts-related businesses, and with the sharp drop in employment," he said. Democrats, with the government, I will prevent you.
Baek Woon-kyu also said, "The government is aware of this grave situation and will try to cope with all available resources calmly and calmly." We will build a civilian task force (TF) "[19459009Healsosaid"Wewillmeetthefullforceofthegovernmentinpreparationforallscenarios"hesaid"Itisdifficulttopredicttheoutcome"
Yong Keun Kim, president of the Korea Automobile Industry Association said: "If tariffs of 25% are imposed, the position of major automakers will be fundamentally shaken and future investments will be reduced due to environmental uncertainties. "I asked the ruling government party to support him so that it does not happen."
"The July period to the end of the year is the most important period for US law on the expansion of trade." He said: "We will soon put in place comprehensive measures in consultation with the delegation in power."
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