South Korea will make ‘all-out’ effort in responding to U.S. tariffs

FAN Editor
South Korean Finance Minister Kim Dong-yeon speaks during his inaugural ceremony in Sejong government complex in Sejong
FILE PHOTO: South Korean Finance Minister Kim Dong-yeon speaks during his inaugural ceremony in Sejong government complex in Sejong, South Korea, June 15, 2017. REUTERS/Kim Hong-Ji

March 11, 2018

SEOUL (Reuters) – South Korea’s finance minister said on Monday the government would make an all-out effort to respond to moves by President Donald Trump to impose tariffs on U.S. metal imports.

“We will make clear what our stance is,” Kim Dong-yeon told other ministers in a policy meeting in Seoul.

“(The government) will deploy all possible means to respond to U.S. steel tariffs measures and make an all-out effort.”

Kim did not elaborate.

Kim also said the government would monitor financial markets around the clock to curb any instabilities rising from uncertainties related to trade frictions and rising interest rates abroad.

(Reporting by Shin-hyung Lee and Cynthia Kim; Editing by Peter Cooney)

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