Original article by Cameron Stewart
The Australian – Page: 6 : 14-May-25
Australia is among more than 50 countries that hope to negotiate a better tariffs arrangement with the Trump administration in the wake of the global turmoil caused by the so-called ‘Liberation Day’ in early April. Australia failed to receive an exemption from the baseline tariff of 10 per cent and a tariff of 25 per cent on steel and aluminium exports, despite being one of the few countries that has a trade surplus with the US. However, government officials have indicated that Labor will adopt a "wait and see" approach, and assess the outcome of other countries’ negotiations with the US before seeking a deal on tariffs.
CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIAN LABOR PARTY