US President Donald Trump has pressed forward with an executive order to implement a blanket 25% tariff on all steel and aluminium imports into the States, but he said on Tuesday he would give 'great consideration' to an exemption for Australia following a call with Prime Minister Anthony Albanese.
US President Donald Trump has pressed forward with an executive order to implement a blanket 25% tariff on all steel and aluminium imports into the States, but he said on Tuesday he would give "great consideration" to an exemption for Australia following a call with Prime Minister Anthony Albanese. "We have a surplus with Australia … it's one of the only countries with which we do," Trump told reporters in the Oval Office. "I just spoke to .
He too spoke to the trade surplus with Australia, which he said the US had had since the Truman administration. "It's about two-to-one when it comes to trade between our two countries," Albanese said. "The US is an important investor, of course, here in Australia, as well. When you look at the imports of these products into the US, it's about 1% of imports of steel and 2% of aluminium." Australia exported some US$237.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump imposes 25% tariff on Colombia after it blocked deportation flights as president enters first...Donald Trump fired a warning shot at Central and South American nations on Sunday if they refuse to comply with his plan to send flights of deported migrants back to their country of origin.
Read more »
Trump Imposes 25% Tariffs on Steel and Aluminum ImportsPresident Trump announced 25% tariffs on steel and aluminum imports, citing unfair trade practices. He said the tariffs would apply to all countries but acknowledged that some existing trade agreements might exempt certain nations. The president indicated that formal announcements with further details would be released this week.
Read more »
Trump to Impose 25% Tariffs on Steel and Aluminum Imports, Including From Canada and MexicoPresident Donald Trump announced on Sunday that he will impose 25% tariffs on all steel and aluminum imports into the United States, including those from Canada and Mexico. This move marks another significant escalation in his ongoing trade policy overhaul.
Read more »
Trump Imposes 25% Tariffs on Steel and Aluminum Imports, Including From Canada and MexicoPresident Trump escalates trade war by announcing 25% tariffs on steel and aluminum imports, including from allies Canada and Mexico. Australia seeks exemption, while China prepares retaliatory tariffs.
Read more »
Trump to announce fresh 25% steel and aluminium tariffsThe US president also said Canada's and Mexico's actions so far to ward off threatened levies were 'not good enough'
Read more »
Trump to Impose 25% Tariffs on Steel, Aluminum ImportsPresident Trump announced plans to impose 25% tariffs on steel and aluminum imports, including from Canada and Mexico, citing the need to protect American jobs and industries. He also stated his intention to announce reciprocal tariffs on products from countries that levy duties on US goods.
Read more »