South Koreans are voicing concerns over the recent decision by the United States to impose a 25-percent tariff on all steel and aluminum imports. Signed by U.S. President Donald Trump on February 10, this executive order eliminates related exemptions, quotas, and exclusions, setting the tariffs to take effect on March 12, 2025.
The announcement has quickly captured global attention, sparking a widespread debate on its potential ramifications. Through interviews conducted by a CGTN stringer, South Koreans expressed that the move may serve as more than just a political maneuver. They believe it could have significant implications for the global trade system and consumers worldwide.
One civil servant highlighted that the U.S. tariff policy threatens to undermine existing free trade agreements and could harm the export industries of various countries. Additionally, there are concerns that these tariffs may drive up global prices, ultimately leading to an increased cost of living for consumers.
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South Koreans say U.S. tariffs will intensify global trade tensions
cgtn.com