US Tariffs Spark Fears of Trade Conflict in Asia

Several Asian nations that are major trading partners with the U.S. reacted strongly Friday to a U.S. decision to impose tariffs on metal imports, raising concerns of global trade conflicts. China, a key target of U.S. trade concerns, said it was "resolutely opposed" to the U.S. tariff decision, with Japan warning of the impact on bilateral ties. South Korea said it may file a complaint to the international trade dispute body, the World Trade Organization (WTO). South Korea is the third-largest steel exporter to the U.S. after Canada and Brazil. Several Southeast Asian nations say they fear a wave of import dumping of steel and aluminum products. U.S. President Donald Trump, turning aside warnings from economists and members within the Republican Party, signed an order Thursday for new tariffs of 25 percent on steel and 10 percent on aluminum imports to the U.S., saying the measures were necessary to protect...


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