President Donald Trump’s decision to impose a 25% tariff on domestically imported steel continues to reverberate around the world. Here are some of the recent developments arising from the decision: 

Ohio-based Republic Steel said that as a result of the tariffs, it could restart its idled Lorain, Ohio, facility, if demand warrants. 

"Republic is more than prepared to support market demand that has been previously supplied by imports," president and chief executive Jaime Vigil said in a statement, “We maintained our Lorain facility while it's been idled, waiting for the opportunity to restart. And it appears that time is finally here," the company said in a statement. 

The Organisation for Economic Co-operation and Development is cautioning that retaliatory trade measures arising from the tariffs could dampen global economic growth. 

“Trade protectionism remains a key risk that would negatively affect confidence, investment and jobs,” the organization wrote in its latest economic forecast. 

“Governments of steel-producing economies should avoid escalation and rely on global solutions to resolve excess capacity in the global steel industry, in particular through the Global Forum on Steel Excess Capacity. Safeguarding the rules-based international trading system is essential to prevent the longer-term harm to growth prospects that could arise from a retreat from open markets,” it said. 

The European Steel Association ripped the decision, saying that it will create a new EU steel crisis as imported steel that otherwise would have been consumed in the U.S. will now flood its home markets.

“We are facing another crisis, triggered by President Trump’s invocation of Section 232,” said association president Geert Van Poelvoorde.  “The European Union already saw 40 million metric tons of imports land in 2017, which was a new peak. The association  estimates that section 232 could lead to a further 13 million metric tons coming to Europe – and this is a conservative estimation.” 

Canada is worried about deflection, too, and said it could impose tariffs of its own to deter circumvention of the U.S. restrictions. 

“We have a whole suite of tariff and countervailing duties that are at our disposal to move forward and ensure that we are not accepting in unfairly produced or sold steel,” Prime Minister Justin Trudeau said, according to the Bloomberg news service.  

Additionally, Trudeau countered Trump’s assertion that Canada’s continued exemption from the tariff is tied to the outcome of negotiations on the North American Free Trade Agreement. 

"We don't link together the tariffs and the negotiations for NAFTA, but we're happy to continue to move forward on the negotiations," he told CNBC. 

Meanwhile, South Korea is seeking an exemption of its own, according to the Reuters news service. 

“(The government) will deploy all possible means to respond to U.S. steel tariffs measures and make an all-out effort,” Finance Minister Kim Dong-yeon said, according to Reuters. 

At the same time, South Korean steelmaker Dongkuk Steel said it will suspend exports to the U.S. The suspension will apply to April exports, but may last indefinitely.  

“We haven’t decided yet whether or not we will continue to stop exporting our products to U.S,” a spokesman told the Reuters news service. 

Elsewhere, Japan, too, has asked for an exemption. 

“Japanese exports of steel and aluminum have no impact on U.S. national security, and contribute greatly to U.S. employment and economic growth,” Japan trade minister Hiroshige Seko told reporters, according to The Japan Times. 

Not only are countries seeking exemptions, but so are end users. But the Trump administration is signaling that they may be far and few between, according to The Wall Street Journal. 

“Commerce Department officials are sending the message they don’t want to exclude many products, preferring instead that the U.S. metal industry add production to supply any needed products,” The Journal reported.