U.S. Stock Futures Steady as Iran Reviews U.S. Ceasefire Proposal 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
Japan's Private Sector Growth Slows in March Amid Rising Costs and Middle East Uncertainty 
UK Consumer Confidence Weakens Amid Middle East Conflict and Rising Living Costs 
Iran-Israel Missile Strikes Continue Amid Mixed Signals on U.S.-Iran Diplomacy 
Federal Reserve Balance Sheet Reduction: Brookings Research Outlines Possible Path Forward 
Suspicious Oil Market Trades Precede Trump's Iran Peace Post by 15 Minutes 
Asian Currencies Stay Muted as Dollar Holds Firm Amid Iran Uncertainty 
Trump Tariffs Show Minimal Economic Impact but Boost Federal Revenue, Study Finds 
WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
Asian Stocks Gain Amid Iran Conflict Uncertainty 
Gold Prices Surge on U.S.-Iran Ceasefire Reports 
Asian Currencies Weaken as Dollar Rebounds Amid Middle East Uncertainty and Japan Inflation Data 
U.S. Oil Prices Slide as Middle East Ceasefire Talks Spark Market Optimism 
Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle Markets 
Shares of South Korean steelmakers tumbled Monday after U.S. President Donald Trump pledged to impose new tariffs on steel and aluminum imports.
POSCO (NYSE:PKX) Holdings fell as much as 3.6% to 230,500 won, hitting its lowest level since October 2022. Hyundai Steel (KS:004020) dropped 2.9%, reaching a record low.
Trump announced plans to implement a 25% tariff on all steel and aluminum imports into the U.S., escalating trade tensions. The proposed duties would be in addition to existing tariffs, further pressuring global metal markets and South Korean exporters.
The sell-off extended to South Korean automakers, with Hyundai Motor (OTC:HYMTF) slipping 0.7% and Kia Corp declining 2%. The broader KOSPI index also lost 0.5%.
Market analysts suggest the new tariffs could negatively impact South Korean steel and auto manufacturers, which rely on U.S. exports. Investors are closely monitoring further trade policy developments that could disrupt global supply chains.
