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South Korea Braces for Market Disruptions After Trump Tariffs

South Korea Braces for Market Disruptions After Trump Tariffs

Bloomberg13-03-2025

South Korea's Acting President Choi Sang-mok urged top policymakers to prepare for possible market disruptions after President Donald Trump proceeded with plans to apply 25% tariffs on global steel and aluminum imports.
South Korea, a major metals producer in Asia, refrained from taking any immediate retaliation steps after the duties took effect Wednesday. Instead, Seoul sent its trade minister to Washington to accelerate negotiations with the Trump administration.

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