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You are at:Home » Australia says there are no plans to retaliate US steel fees
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Australia says there are no plans to retaliate US steel fees

Adnan MaharBy Adnan MaharFebruary 12, 2025No Comments1 Min Read0 Views
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Sydney: Australia has no plans to retaliate against looming US tariffs on steel and aluminum exports.

US President Donald Trump signed an executive order on Monday to impose a 25% tariff on steel and aluminum imports from many producers, including Australia, starting March 12.

After a call with Prime Minister Trump, Prime Minister Anthony Albanese said the pair agreed that Australia’s tariff exemption was “under consideration.”

Asked if Australia would retaliate if the request was denied, Treasurer Jim Chalmers said: “That’s not something we’re considering.”

“Our priority is to try to exempt it on behalf of the industry and workers here in Australia,” he told National Broadcasting Station ABC on Wednesday.

Australia is a minor global player in the steel export market, but it is a major iron ore exporter, most of which head to China. Canberra highlights close defenses and diplomatic ties with Washington, and also points out that the US enjoys a trade surplus with Australia. Australia’s exports account for 1% of US steel imports and 2% of aluminum, the government said.



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Adnan Mahar
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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