TOKYO -- Steel exports to the United States fell sharply in Japan and South Korea in March, dropping 16.6% and 24%, respectively, from a year earlier as Washington's imposition of 25% tariffs on March 12 hit the trade balance of the two close U.S. trading partners.
Trade
Trump tariffs hit Japan, South Korea steel exports
Shipments to U.S. down 16.6% for Japan, 24% for South Korea
Japan and South Korea saw exports of steel drop sharply in March from the same month the previous year as the new 25% U.S. tariffs took effect. © Reuters
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