Trade warAsia response to U.S. metals tariff muted as EU comes out swinging
Australia and Japan lament lack of exceptions while South Korea pursues negotiations
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
March 12, 2025 12:04 JST
Updated on March 12, 2025 19:42 JST
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.