It will be interesting to see if these tariffs lead to an invigoration of steel manufacturing in the U.S.:
Acting President Choi Sang-mok said Tuesday the government will respond to the new U.S. tariffs on steel imports based to its pre-prepared measures and pursue further negotiations with Washington to reflect South Korea’s interests.
On Monday (U.S. time), U.S. President Donald Trump signed proclamations imposing a 25 percent tariff on all imported steel and aluminum products, effective March 12, with “no exceptions or exemptions.” The tariffs will apply to millions of tons of steel and aluminum imports, including those from South Korea.
You can read more at the link.
