South Korea responds to U.S. tariffs on steel and aluminum with emergency measures and WTO complaint.

South Korea is taking emergency measures to support industries hit by new U.S. tariffs, including a 25% tariff on steel and a 10% tariff on aluminum. Acting President Han Duck-soo has ordered the government to analyze the tariffs, negotiate with the U.S., and provide support to affected sectors like automobiles. South Korea has also filed a complaint with the WTO. The tariffs are set to take effect soon, raising concerns about potential retaliation and global trade impacts.

4 days ago
240 Articles