China is seeking to coordinate its response to U.S. tariffs with Japan and South Korea, Chinese state media said.

South Koreas acting President Han Duck-soo has ordered emergency support measures for industries affected by sweeping new U.S. tariffs, including a 25% tariff on Korean automobile exports. The move follows President

China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state media said on Monday, an assertion Seoul called "somewhat exaggerated", while Tokyo said there was no such discussion.

Acting President Han Duck-soo instructed the government Thursday to go all-out to respond to the United States' announcement of 25 percent tariffs on imports from South Korea. Han gave the instruction during an "emergency meeting" of the economic and security strategy task force,

South Korea is preparing an emergency response to address the potential impact of U.S. tariffs on automobiles after U.S. President Donald Trump proposed a 25% tariff on all vehicles not manufactured in the U.

A 10 percent tariff will apply to all countries, but trading partners like China, Japan and Europe will face rates two and three times as high.

SEOUL (Reuters) -South Korea's auto ... when U.S. import tariffs on cars announced by President Donald Trump take effect and the government plans an emergency response by April, the industry ...

When asked about the report, a spokesperson for South Korea's trade ministry said that “the suggestion that there was a joint response to US tariffs appears to have been somewhat exaggerated ...

U.S. trading partners reacted from a range of relief to anger after President Donald Trump imposed tariffs on trading partners.

Indian investors joined the sell-off on Friday, with the Nifty 50 and BSE Sensex indexes both falling more than 1%. India's stock markets had previously performed better than others thanks to lower tariffs than competitors like China, Indonesia and Vietnam.