The new charges will be added on to each country’s existing rates during export

SEOUL, June 2 — South Korea's Industry Ministry has said that it will respond to the looming 50 per cent United States (US) tariff on steel products as part of its trade discussions with Washington in order to minimise the impact on industry.

HAMILTON (Canada), May 31 — US President Donald Trump announced a major increase on Friday in tariffs on steel and aluminium imports, doubling the rate from 25 per cent to 50 per cent, in what he described as a move to further protect American industry.

BEIJING, March 8 — China has announced tariffs on Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October on Chinese-made electric vehicles (EV) and steel and aluminium products.