SEOUL, Feb 10 (Reuters) - Shares of South Korean

steelmakers dropped on Monday, after U.S. President Donald Trump

said he would introduce new tariffs.

POSCO Holdings ( PKX ) shares fell as much as 3.6% to

230,500 won, the lowest since October 2022, while shares of

Hyundai Steel fell as much as 2.9% to the lowest on

record.

Trump said that he would announce on Monday new 25% tariffs

on all steel and aluminum imports into the United States, which

would come on top of existing metals duties in another major

escalation of his trade policy overhaul.

Shares of South Korean automakers also weakened, with

Hyundai Motor ( HYMTF ) down 0.7% and Kia Corp ( KIMTF )

down 2%, while the benchmark KOSPI fell 0.5%.