The announcement comes just days after the Trump administration announced plans for a 25% tariff on steel and aluminium imports.
South Korean officials have requested an exemption from U.S. reciprocal, steel and aluminium tariffs during their visit this week to Washington, the industry ministry said in a statement on Friday.
D onald Trump’s trade officials are run off their feet. China was just the beginning. Since the start of February, the president has announced levies on global imports of aluminium and steel. Reciprocal tariffs,
After steel and aluminium, US President Donald Trump has set his sights on slapping 25 percent tariffs on semiconductors, cars and pharmaceuticals.
U.S. President Donald Trump says trade wars are easy to win. If so, his 25% tariffs on steel and aluminium imports ought to have big overseas producers like Rio Tinto , begging for mercy. Yet shareholders in the $107 billion miner and rivals like BHP have already shrugged off concerns.
A week after that, Trump signed an executive order imposing 25% tariffs on all steel and aluminium imports. These tariffs are set to take effect on March 12, a few days after the broad tariffs against Canada and Mexico supposedly come to pass.
The UK government has fast-tracked its steel industry consultation after former US President Donald Trump announced new 25% tariffs on all steel and aluminium imports to the United States. The Plan for Steel aims
U.S. President Donald Trump hasn't yet imposed import tariffs on copper but the market is already pricing in the likelihood that the red metal will be next on the list after aluminium and steel.
The United States has excluded recycled steel and aluminium from the swathe of import tariffs imposed since Donald Trump became president in January. On
Some industry leaders caution that consumers will ultimately bear the burden of rising manufacturing costs, while others believe it is too early to sound the alarm. Specialized, a major U.S. bicycle brand that outsources production to Taiwan and China,