U.S. Commerce Secretary Howard Lutnick speaks to the media, on the day he attends a working lunch with EU ministers responsible for trade, in Brussels, Belgium, November 24, 2025. REUTERS/Piroschka van de Wouw

SEOUL, Dec 2 (Reuters) - The U.S. will lower import duties on South Korean autos to 15% effective retroactively to November 1 and match the reciprocal tariffs imposed on Japan and the EU, Commerce Secretary Howard Lutnick said on Tuesday.

The move is according to a trade agreement between the two countries announced last month and follows South Korea's introduction of a bill to implement investment pledges for the U.S., Lutnick said in a message posted on X.

(Reporting by Jack Kim; Editing by Leslie Adler)