Trade war

US President Donald Trump. Photo: Xinhua

Mr. Trump applied a new tax, South Korea urgently sought to deal with

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After Mr. Trump announced that he would impose a 25% tax on aluminum and steel globally, the manufacturers met an emergency to find a way to minimize damage.

China imposed tax 10-15% for LNG, coal, crude oil and agricultural equipment from the US from October 10, 2025. Photo: Xinhua

More damage in the US -China tariff battle

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Unlike Canada and Mexico, countries that have delayed US tax imposition by negotiating with President Donald Trump, China chose to retaliate.

Steel and aluminum exported to the US market are expected to bear Mr. Trump's 25% tax. Photo: Xinhua

Mr. Trump taxed 25% with steel and aluminum all countries

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US President Donald Trump plans to announce a 25% tax rate for all imported steel and aluminum products on February 10.

China imposed retaliation for about 14 billion USD of goods imported from the United States from 0:00 am on October 10, 2025. Photo: Xinhua

China officially taxes US goods

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China imposed retaliation for US $ 14 billion in US goods starting on October 10.

Jamieson Greer - who was nominated by President Donald Trump as a US trade representative - said that universal tariffs need to be further studied. Photo: AFP

The Trump administration considers universal tariffs

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Universal tariffs need further research to assess the impact on the increasing US trade deficit.