Australia unlikely to escape US president’s global steel and aluminium tariffs despite intense lobbying to be carved outFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia’s chances of escaping America’s global steel and aluminium tariffs appear all but extinguished, with the US president reconfirming his commitment to a comprehensive tariff regime he argues will be “the greatest thing we’ve ever done as a country”.“We’re going to take in hundreds of billions of dollars in tariffs, and we’re going to become so rich, you’re not going to know where to spend all that money,” Donald Trump told reporters on board Air Force One flying from Florida to Washington DC.Sign up for Guardian Australia’s breaking news email Continue reading...
Donald Trump plans to impose tariffs, potentially totaling hundreds of billions, on steel and aluminum imports, making an Australian exemption unlikely. Despite lobbying efforts and previous exemptions, the US administration is showing little willingness to grant Australia a reprieve, with Trump criticizing former Australian PM Turnbull.
