Australian steel and aluminum will be beaten with 25 percent rates when they are exported to the United States.
President Donald Trump has announced that the 25 percent would apply for rates for those imported products during a media conference on board Air Force One, on Monday Australian times, while he flew to the Super Bowl in New Orleans.
“Every steel that enters the United States will have a rate of 25 percent,” he said reporters.
In 2018, Australia received an exemption of 25 percent American rates for steel and 10 percent import tax on aluminum after the then Prime Minister Malcolm Turnbull pointed out that the US had trade surpluses with Australia.
But this time President Trump has imposed broader rates, although Prime Minister Anthony Albanese has made the same point about the American trade surpluses with Australia that extends until 1952.
This would influence steel workers in Port Kembla, near Wollongong, and Whyalla, in South Australia, and aluminum manufacturers in Newcastle north of Sydney.
President Donald Trump has announced that the 25 percent rates that products would apply for during a media conference on board Air Force One, on Monday Australian times, while he flew to the Super Bowl in New Orleans (he is depicted with daughter Ivanka)
