Australia Seeks Exemption from US Steel and Aluminium Tariffs

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Australia Seeks Exemption from US Steel and Aluminium Tariffs
AUSTRALIATRUMPTARIFFS
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Australia is lobbying the United States for an exemption from President Donald Trump's planned tariffs on steel and aluminium imports. Trade Minister Don Farrell argues that Australian steel and aluminium create American jobs and are crucial for shared defence interests. Prime Minister Anthony Albanese plans to discuss the matter with Trump, while Defence Minister Richard Marles met with his US counterpart, highlighting the importance of the AUKUS defence pact.

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Trump said on Sunday he will introduce new 25 per cent tariffs on all steel and aluminium imports into the US, on top of existing metals duties, in another major escalation of his trade policy overhaul. Farrell is yet to meet with his US counterpart who has not been confirmed in the role, but Australian officials have been making representations on aluminium and steel exports for several months, seeking to secure a similar exemption from tariffs it won during the previous Trump presidency in 2018.

Defence Minister Richard Marles met his US counterpart Pete Hegseth in Washington on Friday, with Australia making its first US$500 million payment to boost production in the US submarine industry under the AUKUS defence project that will see Australia buy several US nuclear-powered submarines and also build submarines.

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