South Korea's acting president Han Duck-soo ordered on April 3 an "all-out" response to the United States' higher-than-expected reciprocal tariffs on imports from the country.

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

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.

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.

China announced that it will impose reciprocal tariffs on all United States imports. Who pays these taxes? Will it affect you?

Trump increased the blanket tariff on Chinese imports to 54 percent and imposed new duties on major trading partners including Japan, South Korea and Taiwan.