Trump says he is considering tariff exemptions on Australian steel and aluminum
- U.S. President Donald Trump said he agreed to consider a tariff exemption on Australian steel and aluminum imports after a telephone call with Australia’s Prime Minister Anthony Albanese on February 11, 2025.
- Albanese argued for an exemption, stating that both leaders agreed on wording to publicly say that the U.S. President agreed that an exemption was under consideration.
- Trump mentioned that the United States has a trade surplus with Australia, which influenced his consideration of the exemption.
- Albanese emphasized that Australian steel and aluminum are key inputs for the U.S.-Australia defense industries, indicating a positive relationship between the two nations.
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How does the US trade surplus with Australia compare with others?
US President Donald Trump says he'll consider a tariff on steel imports from Australia because of a trade surplus with the country, so SBS Finance Editor Ricardo Gonçalves takes a look at how that compares with others with Alan Oster from NAB; plus the day on the sharemarket with Mark Gardner from MPC Markets.
·Sydney, Australia
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Total News Sources35
Leaning Left5Leaning Right5Center8Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 28%
C 44%
R 28%
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