South Korea announced new trade measures on Wednesday to protect domestic steel producers following the U.S. decision to impose 25% tariffs on steel imports. The measures include enhanced anti-dumping investigations, stricter monitoring of origin fraud and the introduction of an early detection system for unfair imports. The trade ministry (MOTIE) said it would launch a new initiative under the Korea Trade-Investment Promotion Agency to provide targeted support for South Korean firms facing trade challenges.

MOTIE said it will deploy a 56-person task force to monitor high-risk imports and inspect mill test certificates to prevent origin fraud, aiming to counter the effects of Chinese overproduction. Final anti-dumping decisions are expected later this year, but the government said immediate action is necessary to stabilize the domestic steel industry.