Part 4/8:
Stash Butler, our correspondent in Taipei, noted that many Asian nations are eyeing Japan’s successful deal as a blueprint. In South Korea, Hyundai’s shares increased by about 7.5%, reflecting anticipation of similar agreements. South Korea faces its own tariff challenges, with a 25% tariff looming if a deal isn't reached by August 1st. Similarly, Taiwan faces a hefty 32% tariff but is hopeful that Japan’s success might inspire negotiations and potential concessions.