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The U.S. slapped a 25% tariff on steel and aluminum imports on March 12, ending South Korea’s duty-free quota. But how do locals feel about the move? CGTN hit the streets of Seoul to find out.
'The tariffs are just the start,' said one resident, echoing fears that former U.S. President Trump’s policies aim to 'boost U.S. wealth' at others’ expense. Many worry the move could strain global trade ties, with ripple effects on jobs and prices worldwide.
Some called for their government to push back harder. 'South Korea needs to defend its rights,' argued another, stressing the need for a 'tough stance' in negotiations. With industries from automakers to construction reliant on steel, the stakes are high for Asia’s fourth-largest economy.
Could this tariff war spark bigger trade tensions? Stay tuned as we track the fallout.
The U.S. slapped a 25% tariff on steel and aluminum imports on March 12, ending South Korea’s duty-free quota. But how do locals feel about the move? CGTN hit the streets of Seoul to find out.
Many worry the move could strain global trade ties, with ripple effects on jobs and prices worldwide.
With industries from automakers to construction reliant on steel, the stakes are high for Asia’s fourth-largest economy.
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