Trump announces 25% tariffs but signals possible exemption for Australian steel

·

US President Donald Trump has stated he will give “great consideration” to exempting Australian steel and aluminium exports from new tariffs, shortly after Prime Minister Anthony Albanese confirmed the exemption was “under consideration.”

Following a “constructive and warm” discussion with Mr Trump, Mr Albanese said both leaders agreed on the public wording, confirming that a carve-out for Australia was being reviewed.

However, in a later press conference, Mr Trump initially ruled out exemptions before acknowledging that Australia’s case would be seriously considered. Describing Mr Albanese as a “fine man,” he noted Australia’s unique trade surplus with the US.

Australia exported 223,000 tonnes of steel and 83,000 tonnes of aluminium to the US in 2023, valued at $377 million.

Opposition Leader Peter Dutton warned that the tariffs could harm US-Australia relations, stressing bipartisan support for their removal.

During a previous Trump administration, it took nearly a year for Australia to secure an exemption from similar tariffs. Mr Albanese declined to speculate on the outcome but reaffirmed the commitment to working with the US to strengthen economic ties.

Source: ABC News

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Largest Greek flag raised in Crete for OXI Day

The world’s largest Greek flag was once again hoisted in the port of Irakleio, Crete, on Tuesday to mark Greece’s annual OXI Day.

Hurricane Melissa devastates Jamaica as island faces ‘storm of the century’

Hurricane Melissa has battered Jamaica after making landfall near New Hope early Wednesday as a Category 5 storm.

Greece marks OXI Day with military parade in Thessaloniki

Greece commemorated OXI Day on Tuesday, with the annual military parade in Thessaloniki, marking the nation’s entry into World War II.

Israel launches air strikes after accusing Hamas of violating ceasefire

Israel ordered fresh air strikes on Gaza on Tuesday, October 28, after accusing Hamas of breaching a US-brokered ceasefire.

Greece said ‘no’ to Italians in WWII, but answered to a Roman name

On OXI Day, The Greek Herald reflects on how one word - “No” - continues to shape identity, language and belonging.

You May Also Like

Archbishop Makarios welcomes Australian pilgrims to Athens

Archbishop Makarios welcomed laypeople from Australia who are taking part in a 14-day pilgrimage organised by the Archdiocese.

Victorian Labor commits $50 million to upgrade infrastructure for multicultural communities

A re-elected Andrews Labor Government will deliver better spaces for communities in Victoria with a new fund to upgrade community facilities.

Much-loved Sydney barber Peter Spanos passes away

Peter Spanos, a revered barber in Panania, has passed away at the age of 78 after dedicating over five decades to his craft and community.