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Hyundai’s exports from U.S. drop in May, June with new tariff strategy
On June 25, Hyundai Motor Company reported that its U.S. subsidiary, Hyundai Motor Manufacturing Alabama (HMMA), has sharply cut back on exports in the last two months while it is “redirecting” U.S.-made vehicles to the domestic market instead to help reduce the company’s exposure to the 25% U.S. import tariffs in ef....
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