Reported about 16 hours ago
In response to the 25% tariffs on steel and aluminum imports announced by President Trump, South Korea plans to enhance oversight of metal imports to safeguard its local producers from potential dumping. While initially refraining from immediate retaliatory actions, Seoul is engaging in negotiations with the US to formulate supportive measures for its industries. The South Korean government is prioritizing collaboration with businesses and preparing strategies to mitigate any adverse effects on the domestic market caused by the US tariffs.
Source: YAHOO