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our business reporter suranjana tewari has more on what the president has announced.s flat 25% "without exceptions or exemptions" are likely to have a big impact on producers of steel and aluminium in asia. japan, south korea, taiwa nare the the biggest exporters of the metals to the us. vietnam also on that list, we're not when not seeing much of that yet, aluminium was already under 10% tariff but many had been enjoying duty—free imports into the us becausejoe biden had struck deals with exemptions or quota deals, the big question is why is he doing this donald trump and those who work for him so it is to protect us economic and national security and make sure america does not have to rely on foreign nations for critical industries. us trade partners were on terrace will hurt us automakers, shipbuilders and other industries and us distillers also fear that still tariffs could from the eu to raise duties on american whiskey in return. we are expecting these measures to take effect on march four, ultimately it will come down to whether individual countries can negotia

suranjana tewari is following all this from the bbc�*s singapore bureau.of those metals are in the region — of steel to the us. in total, the us imports more than $100 billion of steel and some well—known companies saw their shares down in trade today — posco shares were down more than 3.5% at one point. to have recovered slightly. was in the us last week to try and iron out the nippon steel rather than a takeover. is a big—bang policy that will then be scaled down. is that markets are likely to be on edge and volatile for a two—day summit on artificial intelligence. macron promised more than 100 billion euros in al investment to help keep pace with the half translation: france is going to go faster. l on the $500 billion for stargate. life paris where we can see the beginnings the ai the beginnings of the ai the beginnings of the ai the third major submit this 7 this subject. ai global superpower. microsoft and 0penai. technology, and all will be sending very senior staff close behind the us, we have china. been quite dramatic — just a few weeks ago, deep

let's start with suranjana tewari who is in our singapore newsroom. who are these likely to effect in asia? is this a flat without exceptions or likeii; to liaise likely to liaise a exemptians are likely to have a 777 7 77 7 7 7 7777 impact of big impact on producers of steel and aluminium here in asia. japan, south korea, taiwan other biggest exporters = also under that list. vietnam also under that list. we're not seeing any market we're not seeing an; �*a'se�* yet we're not seeing an“; �*a'se�* yet but donald trump reaction yet but donald trump said he would do this a day earlier and so may have earlier and so markets may have broadly in news of broadly factored in the news of the tariffs. was " �*a 10% tariff but ”haas, ,, , 7 iof 77 country ”hiof 77 country is of country is a in 151i}; £9705 z i'ri’iiii’; £9705 have mention in this region have been duty—free expos been. eoieyiog duty—free eves: , ~ —~~ the been. eoiegioa duty—free eves: , ~ —~~ the us becausejoe into the us becausejoe biden had deals with for had struck deals with them for water why exemptions or water deals. why

of its national security council to discuss the development. 0ur asia business reporter suranjana tewaritalked through the reaction to mr trump's global tariffs threat. two big events for asia to react to. one was the announcement that trump's administration is going to be looking into these retaliatory tariffs. would be based on a country by country basis. and it really depends what those other countries charge for exports — american exports going into their countries. and that's really interesting because india is one country that actually has very high tariffs for us goods going into india. exports from the us, imports into india. narendra modi's visit to the white house. since he came into office. now, the us will increase military sales to india starting in 2025. and donald trump said that he'll eventually — the us will eventually provide f—35 fighterjets to india. those types of deals usually take years. but again, as you mentioned, they also agreed that india will import more us oil and gas. now, india really relies on imported oil and gas, especially for its cooking needs. so tha

asia business reporter suranjana tewari is following this story from singapore and she talked me through to react to and one is the announcement that trump�*s administration will work on these retaliatory tariffs. his would become a secretary said it will be based on a country by country basis. and it depends on what by country basis. and it depenzéaz yd will