Australian Treasurer Pushes for Tariff Exemptions in Washington Talks
Jim Chalmers meets with U.S. officials to advocate against Trump's planned tariffs on Australian steel and aluminium imports set to take effect in March.
- Australian Treasurer Jim Chalmers held discussions with U.S. Treasury Secretary Scott Bessent and National Economic Council Director Kevin Hassett in Washington, focusing on proposed 25% tariffs on steel and aluminium imports.
- Chalmers described the meetings as constructive but acknowledged that the final decision rests with President Donald Trump, who has yet to make a determination.
- The Australian government emphasized its unique trade relationship with the U.S., highlighting its history as a reliable ally, its adherence to free trade principles, and its significant investments in America through superannuation funds.
- Trump’s executive order cites Australia’s alleged failure to voluntarily limit aluminium exports, though Chalmers argued that Australia’s case differs from other nations facing tariffs.
- The tariffs, scheduled to begin on March 12, have raised concerns within Australian manufacturing, while U.S. officials have not indicated whether an exemption will be granted.
The Hill 
The Sydney Morning Herald 
Crikey 
Australian Broadcasting Corporation 
9News 
South China Morning Post 