Korea remains helpless against Trump's metal tariffs

The best scenario is Washington's designation of Korea as a country that is exempt from the metal tariff, but it seems unlikely, given the absence of the top decision-maker in the government,

a metal industry official said on condition of anonymity

Through various channels, including high-level talks, the government will go all out to cope with this issue,

he said during a meeting with the CEOs of domestic steelmakers, mentioning Trade Minister Cheong In-kyo's departure for the U.S. this week

The government will help tariff-hit small- and medium-sized enterprises (SMEs) to normalize their business and diversify their export destinations,

SMEs Minister Oh Young-ju said Wednesday

But of course, nobody wants this to go on for years and years. Our industries are already suffering in Europe, and the damage will be big also in the US,

she said

That is a target for President Trump, not only the German car industry, but the car industry in general. They're already affected,

she said, pointing to the example of Swedish automotive giant Volvo in her native Gothenburg

Cecilia Malmströmswedish politician

There are a few around president Trump perhaps, but I would say 95 % of economists across the world share the view that tariffs are basically not a good thing,

said Malmström

It would also be more expensive for consumers, all of which would cost growth and prosperity, on both sides of the Atlantic. The tariff level of 25% currently mentioned by President Trump is a provocation,

she told DW in a statement

It's a lose-lose game,

she told DW,

It could be tariffs, it could be other kinds of restrictions or export limitations, it could affect investments, it could be public procurement restrictions. It's a quite big toolbox,

she noted

Now is the time for Canadians to stand together against his aggression,

one poster said

We've always said that we will, at the same time, defend our interests,

she said

The first thing we're paying attention to is the new administration: pro-growth, less regulation. We're here for it. We love it,

Wolf said

For years, NAHB has been leading the fight against tariffs because of their detrimental effect on housing affordability,

the association wrote in a blog post published last week

The government is working to bolster trade safeguard measures, including strengthening monitoring on imported goods and circumvention dumping on unfairly imported products,

he said

I ask the companies to consider heightened uncertainties as a constant variable and proactively review investment and export strategies focused on high-value products,

Ahn said

Will there be some pain?”

he asked in February

We are in a trade war and when a trade war begins, it tends to sustain itself and feed itself,

Airbus CEO Guillaume Faury said on French television

I'm ready to sit down with President Trump at the appropriate time, under a position where there's respect for Canadian sovereignty and we're working for a common approach,

Carney said while touring a steel plant in Ontario

Dominic LeBlancfinance Minister

We will not stand idly by while our iconic steel and aluminum industries are being unfairly targeted,

Canada's Finance Minister Dominic LeBlanc said

It really is the magic metal,

said Charles Johnson, president and CEO of the Aluminum Association