The world’s largest maker of agriculture equipment, Deere and Company, is worried that possible trade tensions between the U.S. and other countries could affect its machinery sales. A Bloomberg report says the steel and aluminum tariffs on imports to America will have an impact on the company. But, Deere is much more worried about possible trade retaliation that could target …
South Korea Forming Response team to U.S. Trade Protectionism
South Korea is creating a task force to respond to U.S. trade protection measures. South Korea’s Foreign Ministry has ordered the South Korean embassy in Washington set up the special response team. South Korea has requested to be excluded from proposed higher import tariffs on steel exports under Section 232 of the Trade Expansion Act, emphasizing the negative effects the …