With Trump's tariffs looming - will countries scramble to cut deals?

Quick Summary:

US steel suppliers have just over a month to decide how to respond before the new tariffs take effect.

On Tuesday, its Trade Minister Cheong In-kyo has said South Korea will "actively consider" whether there is room for negotiation with the United States - a day after the Industry Ministry held an emergency meeting with steelmakers.

Calling Albanese a "very fine man", Trump had earlier explained that the US runs a trade surplus with Australia."The reason is they buy a lot of airplanes.

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Article Details

Author / Journalist: BBC News

Category: Business

Markets: United KingdomAustraliaCanadaIndiaSouth KoreaMexicoUnited States

Topics: Canada Steel Trump Tariffs According Partners President Trade Major

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 08:23:04 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1221 words

Reading Time: 7 minutes read

Sentences: 42 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 26075391

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 8 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

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Publisher ID: #43

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