MEDELLIN, Colombia – Industry representatives and at least one politician in Colombia warn the country’s automotive industry is at risk following the signing of a free-trade agreement with South Korea. The agreement, signed in February and expected to take effect at year’s end, eventually will allow South Korea-made vehicles to enter the South American country free of the current 35% tariff. Colombia’s commerce minister, Sergio Diaz-Granados, notes tariffs will be ...
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