Asia response to U.S. metals tariff muted as EU comes out swinging

Australia and Japan lament lack of exceptions while South Korea pursues negotiations

20250312 US AUS tariff

The U.S. has imposed a 25% tariff on imports of Australian steel and aluminum, declining to grant a carve-out as it did in President Donald Trump's first term. (Photo by Mayumi Tsumita)

SHAUN TURTON

SYDNEY -- Asia has responded to U.S. President Donald Trump's 25% tariffs on all steel and aluminum imports in terms ranging from disappointed to defiant to conciliatory, with the strongest reaction so far coming from Europe, which announced countermeasures almost immediately.

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