Korea Trade Pact: No Easy Ride for Detroit

The U.S.-South Korea accord will lower tariffs, but U.S. automakers still face a bumpy road in wresting market share from European rivals

This week’s U.S.-South Korean free-trade deal is being trumpeted by both nations as a historic landmark and a potential economic bonanza. Yet in the auto sector, Detroit carmakers face a long slog ahead in Korea, Asia’s third-largest car market.

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