SEOUL (Reuters) -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.

Hyundai Motor ( HYMTF ) rose 6.8%, while Kia climbed 6.4%.

Japan and the United States have also agreed to set Japanese auto tariffs at 15%, Japanese public broadcaster NHK said on Wednesday, citing government sources.

South Korea is also heading into high-level trade talks with the United States, with South Korea's new finance minister and the country's top trade envoy scheduled to meet in Washington with U.S. counterparts on Friday.