Australia seeks exemption from US tariffs on steel and aluminum to avoid economic repercussions.

Australia's Treasurer Jim Chalmers met with US officials in Washington to seek an exemption from new 25% tariffs on steel and aluminum imports set to take effect by mid-March. Treasury Secretary Steven Kennedy warned against retaliatory trade restrictions, arguing they would harm Australian consumers and businesses. Chalmers emphasized Australia's unique case, noting the country's trade surplus with the US and absence of currency manipulation.

1 month ago
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