Korea Joongang Daily
Korea JoongAng Daily

From home appliances to K-beauty, Korean exports brace for U.S. tariff expansion

The Donald Trump administration’s expansion of steel and aluminum products subject to 50 percent tariffs, from refrigerators to cosmetics packaging, has once again tightened the squeeze on Korean enterprises.

2025-08-18

U.S. adds 407 imported steel, aluminum products to tariff scope

According to the Ministry of Trade, Industry and Energy, the U.S. Department of Commerce announced on Aug. 15 that 407 additional steel and aluminum derivative products would be subject to tariffs under Section 232 of the Trade Expansion Act.

2025-08-18

Trump says he plans to double steel, aluminum tariffs to 50 percent

Trump announced plans to increase steel and aluminum tariffs to 50 percent, escalating trade tensions and drawing criticism from global trading partners.

2025-06-01

Trump to announce 25% steel and aluminum tariffs in latest trade escalation

U.S. President Donald Trump said on Sunday he will introduce new 25 percent tariffs on all steel and aluminum imports into the United States, on top of existing metals duties, in another major escalation of his trade policy overhaul.

2025-02-10

Lotte Aluminium quadruples aluminum foil capacity at Ansan

Lotte Aluminium said Monday that it has increased the output capacity of its production lines for cathode foil at its plant near Seoul to meet growing demand for electric vehicle (EV) batteries.

2020-09-14