Australia Fights to Reverse Trump's Tariff Decision on Steel and Aluminium Exports
2025-03-11
Sydney Morning Herald
The Australian government is making a last-ditch effort to persuade US President Donald Trump to reconsider the 25% tariff on steel and aluminium exports, set to take effect today. With the move expected to significantly impact the industry, concerns are growing about the potential economic fallout. As trade tensions escalate, Australia is pushing for an exemption, citing the close bilateral relationship and the importance of free trade agreements. The tariffs are likely to have far-reaching consequences, affecting not only the steel and aluminium sectors but also the broader economy, with experts warning of potential job losses and increased costs for consumers, highlighting the need for a resolution to the trade dispute.