Automakers in various countries around the world are working to negotiate amended tariff arrangements with the Trump administration, and Japan’s deal this week has placed increasing pressure on South Korea to finalize a better,

Shares in South Korean automakers rallied on Wednesday after U.S. President Donald Trump said the U.S. and Japan had struck a trade deal that includes a 15% tariff that will be levied on Japanese exports to the United States.

South Korea will closely review the terms of the U.S.-Japan trade deal, the country’s industry minister said Wednesday, hinting at potential increased cooperation with the U.S. in energy and industrial sectors ahead of important trade talks in Washington.