White House official accuses S. Korea of flooding US with subsidized steel

Washington - On Thursday, a White House official leveled accusations against South Korea, alleging that the nation is inundating the United States with heavily subsidized steel and steel products transshipped from China. Peter Navarro, White House senior counselor for trade and manufacturing, shared his concerns on the social media platform X and vowed to take action against what he perceives as unfair trade practices.

In a recent video clip, Navarro expressed his intention to specifically target South Korea for its practice of flooding the American market with low-cost Korean steel and steel imported from China through their territory. Despite imposing steep tariffs of 50 percent on steel, South Korea continues to bypass these measures through illicit means, and the administration intends to address this issue accordingly.