President Trump said he plans to impose 25% tariffs against all steel and aluminum imports into the U.S. on Monday.

Asian shares were trading mixed on Monday, as investors found bargains despite worries about U.S. President Donald Trump’s various tariffs.

Korea’s KOSPI index fell by 2.5% on Monday, as Trump’s tariff moves could threaten both South Korea’s export-heavy economy, as well as the supply chains of its major manufacturers. Electronics giants Samsung and LG, and automakers Kia and Hyundai, all have manufacturing facilities in Mexico.