The Mayor of South Korea's Tariff-Hit Steel City Pohang Flew Across the World to Tell Trump: 'Please Stop'.
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| Title: | The Mayor of South Korea's Tariff-Hit Steel City Pohang Flew Across the World to Tell Trump: 'Please Stop'. |
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| Authors: | Sohn, Jiyoung (AUTHOR), WSJ, Soobin Kim Photography Tina Hsu for (AUTHOR) |
| Source: | Wall Street Journal - Online Edition. 10/6/2025, pN.PAG-N.PAG. 1p. |
| Subjects: | Iron industry, Recessions, Politicians, International markets, Cities & towns, Financial crises, Koreans, United States. Executive Office of the President |
| Geographic Terms: | South Korea, United States |
| Abstract: | The article focuses on the economic challenges faced by Pohang, South Korea, a key steelmaking city, following the U.S. government's decision to double steel tariffs to 50%. The city's mayor, Lee Kang-deok, publicly protested the tariffs outside the White House, emphasizing the detrimental impact on local steel mills, which are now operating at only 60% to 70% capacity, and the resulting 3.5% decline in steel-related employment since last November. Pohang has been designated as an "industrial crisis zone" by the South Korean government, allowing for increased subsidies and lower-interest financing to support struggling businesses amid a broader downturn in the steel industry exacerbated by global market pressures. [Extracted from the article] |
| Copyright of Wall Street Journal - Online Edition is the property of Dow Jones & Company Inc and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Regional Business News |
| FullText | Text: Availability: 0 |
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| Header | DbId: bwh DbLabel: Regional Business News An: 188472824 AccessLevel: 6 PubType: News PubTypeId: newspaperArticle PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: The Mayor of South Korea's Tariff-Hit Steel City Pohang Flew Across the World to Tell Trump: 'Please Stop'. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Sohn%2C+Jiyoung%22">Sohn, Jiyoung</searchLink> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22WSJ%2C+Soobin+Kim+Photography+Tina+Hsu+for%22">WSJ, Soobin Kim Photography Tina Hsu for</searchLink> (AUTHOR) – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Wall+Street+Journal+-+Online+Edition%22">Wall Street Journal - Online Edition</searchLink>. 10/6/2025, pN.PAG-N.PAG. 1p. – Name: Subject Label: Subjects Group: Su Data: <searchLink fieldCode="DE" term="%22Iron+industry%22">Iron industry</searchLink><br /><searchLink fieldCode="DE" term="%22Recessions%22">Recessions</searchLink><br /><searchLink fieldCode="DE" term="%22Politicians%22">Politicians</searchLink><br /><searchLink fieldCode="DE" term="%22International+markets%22">International markets</searchLink><br /><searchLink fieldCode="DE" term="%22Cities+%26+towns%22">Cities & towns</searchLink><br /><searchLink fieldCode="DE" term="%22Financial+crises%22">Financial crises</searchLink><br /><searchLink fieldCode="DE" term="%22Koreans%22">Koreans</searchLink><br /><searchLink fieldCode="DE" term="%22United+States%2E+Executive+Office+of+the+President%22">United States. Executive Office of the President</searchLink> – Name: SubjectGeographic Label: Geographic Terms Group: Su Data: <searchLink fieldCode="DE" term="%22South+Korea%22">South Korea</searchLink><br /><searchLink fieldCode="DE" term="%22United+States%22">United States</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: The article focuses on the economic challenges faced by Pohang, South Korea, a key steelmaking city, following the U.S. government's decision to double steel tariffs to 50%. The city's mayor, Lee Kang-deok, publicly protested the tariffs outside the White House, emphasizing the detrimental impact on local steel mills, which are now operating at only 60% to 70% capacity, and the resulting 3.5% decline in steel-related employment since last November. Pohang has been designated as an "industrial crisis zone" by the South Korean government, allowing for increased subsidies and lower-interest financing to support struggling businesses amid a broader downturn in the steel industry exacerbated by global market pressures. [Extracted from the article] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Wall Street Journal - Online Edition is the property of Dow Jones & Company Inc and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bwh&AN=188472824 |
| RecordInfo | BibRecord: BibEntity: Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 1 StartPage: N.PAG Subjects: – SubjectFull: Iron industry Type: general – SubjectFull: Recessions Type: general – SubjectFull: Politicians Type: general – SubjectFull: International markets Type: general – SubjectFull: Cities & towns Type: general – SubjectFull: Financial crises Type: general – SubjectFull: Koreans Type: general – SubjectFull: United States. Executive Office of the President Type: general – SubjectFull: South Korea Type: general – SubjectFull: United States Type: general Titles: – TitleFull: The Mayor of South Korea's Tariff-Hit Steel City Pohang Flew Across the World to Tell Trump: 'Please Stop'. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Sohn, Jiyoung – PersonEntity: Name: NameFull: WSJ, Soobin Kim Photography Tina Hsu for IsPartOfRelationships: – BibEntity: Dates: – D: 06 M: 10 Text: 10/6/2025 Type: published Y: 2025 Identifiers: – Type: issn-print Value: 25749579 Titles: – TitleFull: Wall Street Journal - Online Edition Type: main |
| ResultId | 1 |