Kia Motors Corp.

South Korean auto workers blast revised trade deal with US

Unions at South Korea's two-largest automakers, Hyundai Motor Co. and Kia Motors Corp., have blasted plans to revise a free trade deal with the United States, saying the amended deal will prevent local automakers from entering the fast-growing U.S. pick-up truck market.

"It is a humiliating deal that accepts Trump's strategy to preemptively block South Korean pick-up trucks," Hyundai Motor's labor union said in a statement.

As part of talks on revamping a free trade deal that took effect in 2012, South Korea and the U.S. agreed to push back the earlier agreed-to elimination of import tariffs on pick-up trucks by 20 years to 2041. South Korea's top negotiator said...

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