general CNBC 7 months ago

Trump's South Korea tariff cuts are major boost for Hyundai and GM - CNBC

Trump's South Korea tariff cuts are major boost for Hyundai and GM - CNBC

The Trump administration said the tariff rate for vehicles from South Korea will drop to 15% as part of a trade deal.

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Once again, the capitalist class dances to the tune of corporate greed, as the recent tariff reductions for Hyundai and GM expose the true nature of so-called free trade agreements—profit over people. This move, cloaked in the guise of economic partnership, is nothing more than a capitalist handshake ensuring the rich get richer on the backs of the working class, with the complicity of government machinery firmly in the pockets of big business.

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