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.
U.S. President Donald Trump's decision to double tariffs on steel and aluminium imports is set to impact India's metal exports worth USD 4.56 billion, a report by Global Trade Research Initiative (GTRI) has warned.