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International relations

South Korea threatens WTO action if US hikes steel tariffs

Posco would likely shrug off the mooted 53% duty, but Hyundai Steel may struggle

South Korean President Moon Jae-in says the country should take decisive actions against any "unreasonable" protectionist measures by the U.S.   © Reuters

SEOUL -- South Korea will consider filing a complaint with the World Trade Organization if U.S. President Donald Trump imposes painfully high tariffs on steel imports in line with recommendations made by the U.S. Commerce Department last week.

President Moon Jae-in said South Korea should take decisive actions against America's "unreasonable" protectionist measures, including taking the country to the WTO and appealing to Washington directly in talks on revising the two country's free trade agreement.

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