Now Reading: Trump open to easing US tariffs on Australia, says PM Albanese
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Trump open to easing US tariffs on Australia, says PM Albanese
Australian Prime Minister Anthony Albanese said on Friday that President Donald Trump has agreed to consider Australia's request for either a full exemption from US tariffs or at least a guarantee that…
The Story in Brief
Australian Prime Minister Anthony Albanese said on Friday that President Donald Trump has agreed to consider Australia's request for either a full exemption from US tariffs or at least a guarantee that rates will not rise further. The discussion came during a phone call on Thursday night.
Australia currently faces a 12.5% tariff, in line with most major US trading partners, stemming from a Section 301 investigation into forced labour in supply chains, as per Bloomberg. Albanese highlighted the 75-year alliance and cooperation on critical minerals, artificial intelligence and the AUKUS security pact.
The Indian Opinion
The claim of a positive response from Trump is typical diplomatic language, not a firm commitment. Australia's tariff rate is no higher than that of other allies, so the demand for special treatment may test Trump's "America First" stance. The real test will come when Australia's request is formally reviewed. Will Trump grant an exemption without a reciprocal concession?
Sources (2): timesnownews.com, ndtv.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
