New Delhi, June 3 -- South Korea, the fourth-largest steel supplier to the US, is likely to face a severe blow from the US decision to double tariffs on imported steel and aluminium from 25 per cent to 50 per cent, starting Wednesday.

As reported by the Korea Herald, Trump described the move as a deal that would "secure" the American steel industry, one that "nobody's going to get around."

As per government data, in 2024, exports to the US accounted for 13 per cent of Korea's total steel exports.

An industry insider told Korea Herald, "At a time when exports to the US are barely holding up following the 25 per cent tariff, an additional 25 per cent will severely undermine the competitiveness of Korean companies."

In response to the US...