Back to today’s briefing

Story perspectives

South Korea, Mexico, Brazil React to U.S. Steel Tariff

2/17/2025

30 6

Summary

South Korea Engages Trade

A South Korean business delegation is set to engage with U.S. officials over trade policies as tensions rise from a newly reinstated 25% tariff on steel imports, framed as a national security measure. This decision has ignited concern in Mexico and Brazil, prompting both nations to seek discussions to protect their steel industries from potential fallout.

Summary

Chey Tae-won Addresses Trade

A high-profile South Korean business delegation, spearheaded by SK Group Chairman Chey Tae-won, is set to arrive in Washington this week. Their mission? To tackle trade policies and strengthen cooperation in key sectors like energy, shipbuilding, and semiconductors, while voicing concerns over U.S. tariffs that threaten Korea's export-driven economy.

1 of 2

South Korea Engages Trade

A South Korean business delegation is set to engage with U.S. officials over trade policies as tensions rise from a newly reinstated 25% tariff on steel imports, framed as a national security measure. This decision has ignited concern in Mexico and Brazil, prompting both nations to seek discussions to protect their steel industries from potential fallout.

1 / 2