South Koreans are expressing concern over the United States’ recent decision to impose hefty tariffs on steel and aluminum imports, fearing it could strain trade relations and impact the global economy.
On February 10, U.S. President Donald Trump signed an executive order implementing a 25% tariff on all steel and aluminum imports, eliminating previous exemptions, quotas, and exclusions. The move has attracted global attention and sparked strong reactions from countries around the world.
In the Republic of Korea, people are voicing their perspectives on the potential repercussions of this policy. Some view the tariffs as a strategic maneuver. “It’s a political bluff intended to pressure other nations,” said one resident, suggesting that the actual impact might be limited.
However, others feel differently, criticizing the tariffs as “extremely unfair” and an abuse of power by the United States. “This policy will not only hurt our economy but also threaten global trade relations,” commented another South Korean citizen.
South Korea is a significant exporter of steel and aluminum to the U.S., and these tariffs could have substantial effects on its industries and workforce. Economists warn that such trade barriers might lead to retaliatory measures, sparking a trade war that could disrupt international markets.
The concern among South Koreans reflects a broader anxiety about protectionist policies and their impact on global trade. As the situation develops, many are watching closely to see how their government and others will respond to the United States’ actions.
