Australia won't retaliate against 'unjustified' US tariffs on steel and aluminum

  • Posted on March 12, 2025
  • By Business News Today
  • 13 Views
Australia won't retaliate against 'unjustified' US tariffs on steel and aluminum

Australian Prime Minister Anthony Albanese called U.S. tariffs on Australian steel and aluminum unjustified but refrained from imposing reciprocal tariffs. Despite a successful exemption in 2018, Albanese emphasized that tariffs harm economic growth and inflate consumer prices. The U.S. decision was influenced by recent tensions between Donald Trump and former Australian Prime Minister Malcolm Turnbull.
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