South Korea trade minister says Trump tariffs would reduce companies' profits-March 2024-www.financetom.com

South Korea trade minister says Trump tariffs would reduce companies' profits

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South Korea trade minister says Trump tariffs would reduce companies' profits

Feb 10, 2025 10:43 PM

SEOUL, Feb 11 (Reuters) - South Korea's Trade Minister

Cheong In-kyo said on Tuesday that U.S. President Donald

Trump's 25% tariffs on steel and aluminum imports due to come

into force in March would reduce U.S. steel demand and erode

steel exporters' profitability.

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