Now Reading: Albanese Says Trump Will Consider Easing Tariffs on Australia
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Albanese Says Trump Will Consider Easing Tariffs on Australia
Australian Prime Minister Anthony Albanese said US President Donald Trump agreed to consider either exempting Australia from US tariffs or preventing rates from rising further. The request came during a phone call…
The Story in Brief
Australian Prime Minister Anthony Albanese said US President Donald Trump agreed to consider either exempting Australia from US tariffs or preventing rates from rising further. The request came during a phone call on Thursday night, according to Bloomberg, as reported by Times Now.
Australia currently faces a 12.5% tariff on exports to the US. Albanese said he asked Trump to consider Australia’s status as a close ally. The leaders also discussed the countries’ free trade agreement and issues including modern slavery. Albanese later described the alliance as 75 years old and cited cooperation on critical minerals, artificial intelligence and the AUKUS security pact.
The Indian Opinion
Claims that the tariff dispute is already settled would be premature. The reported outcome is a promise to consider Australia’s request, not an exemption or a rate cut. Equally, portraying the alliance as powerless ignores Albanese’s reported access to Trump and the current 12.5% rate, which is close to that facing many major US trading partners. The useful test is simple: whether Washington formally changes the tariff schedule, and by how much.
Source: timesnownews.com
This story was synthesised by AI from the source linked above.
