One economist warns the Trump administration may "have to put its hand on the hot stove of high tariffs" to learn the damage – or good – they could do for the economy.

Targets of Donald Trump's 25% tariffs on steel and aluminum say they are preparing countermeasures to offset the economic damage. DW weighs up the impact of the US president's latest move.

South Korea's economy is heavily reliant on exports, and products such as semi-conductors and vehicles are likely to be hit ...