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South Korea Automakers Concerned Over Possible Revision of U.S. Trade Deal

The KAMA is an industry group of South Korean automakers, including Hyundai Motor and Kia Motors.

Reuters

Updated:April 29, 2017, 11:33 AM IST
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South Korea Automakers Concerned Over Possible Revision of U.S. Trade Deal
Catalogs of Hyundai Motor's cars are seen at its dealership in Seoul, South Korea, December 15, 2016. (Photo: Reuters)

South Korea's automaker's association is concerned about the possible revision of the country's trade deal with the United States, an official of the industry group said.

The remarks follow comments to Reuters by U.S. President Donald Trump that he would renegotiate or terminate "the horrible" trade deal with South Korea.

"We are worried about the uncertainty of the deal," Kim Tae-nyen, vice president at the Korea Automobile Manufacturers Association (KAMA), told Reuters by telephone.

The KAMA is an industry group of South Korean automakers, including Hyundai Motor and Kia Motors.

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