Weekend Times


Google Workspace

Business News

Trump agrees to consider Australian exemption from tariffs, describing Albanese as ‘very fine man’

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

US President Donald Trump has agreed to “consider” exempting Australia from the 25% tariff he has imposed on imports of steel and aluminium to the US.

Trump gave the undertaking during a wide-ranging 40-minute conversation with Anthony Albanese early Tuesday morning (Australian time). The prime minister, speaking to a news conference soon afterwards, stressed that Trump had agreed on the precise words to be used to describe the outcome.  

“I presented Australia’s case for an exemption and we agreed on wording to say publicly, which is that the US president agreed that an exemption was under consideration in the interests of both of our countries.”

Albanese gave no indication of when he expects a decision.

Meanwhile, Trump has signed the executive orders for the 25% tariffs on steel and aluminium without exemptions.

The Australian government might be able to take heart from Trump’s later comments on the discussion.

The president described Albanese as a “very fine man”.

“We have a surplus with Australia, one of the few, and the reason is they buy a lot of airplanes. They’re rather far away and they need lots of airplanes. We actually have a surplus. It’s one of the only countries which we do. I told him that that’s something that we’ll give great consideration to,” he told the media.

Pressed on whether he was confident of an exemption, Albanese would not speculate beyond the agreed words. “The words that I’ve used are the words that I’ll stick to,” he said.

“It’s appropriate when you’re dealing with the president of the United States to not speak on his behalf. And those are the words that were agreed.”

“We’ll continue to engage diplomatically.” Albanese said, “Australia will always stand up for Australia’s interests […] We’ll continue to put the case.”

The prime minister described the call as “constructive and warm” and posted on social media that it was a “great conversation”.

Outlining Australia’s argument for an exemption Albanese said the US had a trade surplus with Australia of about two to one, and steel supplier BlueScope had extensive production in the US.

“When you look at the imports of these products into the US, it’s about 1% of imports of steel, 2% of aluminium,” he told his news conference.

“Our steel is an important input to US manufacturing. BlueScope is the US’s fifth largest steelmaker. They’ve invested $5 billion in the US across a range of states. I think there’s more than 30 different investments there.

"Of course the major export is Colorbond there, for roofs in California on the west coast. And it plays an important role.

"Aluminium is a critical input for manufacturing in the United States and our steel and aluminium are both key inputs for the US-Australian defence industries. in both of our countries.”

Albanese said that in the conversation, “We spoke about a range of other things as well, including the fact that Jordan Mailata is a Super Bowl champion and I did point out that he was a South Sydney junior”.

The call, which was in train before the tariff announcement, also canvassed critical minerals and AUKUS.

Opposition Leader Peter Dutton again criticised Albanese over his past comments about Trump. But the opposition leader told a news conference: “What’s important now is the Trump administration hears there is a bipartisan position in Australia to stand up for our national interest and that national interest is best served by a removal of the tariff as it applies to Australia.”

The presidential proclamation on the aluminium tariffs has accused Australia of flouting “a verbal commitment” the Americans claim was given when the exemption was provided in the first Trump presidency.

“Australia has disregarded its verbal commitment to voluntarily restrain its aluminum exports to a reasonable level,” it says.

“The volume of US imports of aluminum articles from Argentina, Australia, Canada, Mexico, EU countries, and the UK in 2024 was approximately 14 per cent higher than the average volume of such imports in 2015 through 2017.

"The volume of US imports of primary aluminum from Australia has also surged and in 2024 was approximately 103 per cent higher than the average volume for 2015 through 2017.”

Authors: Michelle Grattan, Professorial Fellow, University of Canberra

Read more https://theconversation.com/trump-agrees-to-consider-australian-exemption-from-tariffs-describing-albanese-as-very-fine-man-248886

The Weekend Times Magazine

The Smartest Financial Moves to Make In 2021

You are going to need all the finance tips you can get after winning your best US online casino real money. Everything may be unforeseen, therefore you must make wise...

Weekend getaways from Perth

You Are in Perth, Australia and You Want to Get Away for the Weekend: What Are the Options? Perth is one of the most isolated cities in the world, but that...

Alcohol and your brain: study finds even moderate drinking is damaging

It’s a well-known fact that drinking too much alcohol can have a serious impact on your health, including damaging your liver. But how much is too much? For conditions such...

Building Designer in Melbourne: Crafting Innovative, Functional, and Sustainable Spaces

In a city celebrated for its architectural excellence and diverse urban character, the role of a building designer Melbourne has never been more important. Melbourne’s built environment is a dynamic blend...

Understanding the Power of Smart Home Automation in Modern Living

Technology is no longer confined to our pockets and workplaces—it has made a confident entrance into our homes. Among the most impactful technological trends reshaping domestic life is smart home...

Farmers Calling on Aussies and Restaurateurs to Help Save the Sydney Rock Oyster

The future of Sydney Rock Oyster farming in NSW is under extreme threat and a group of NSW farmers are urging restaurateurs and chefs to support the native Australian Sydney...

Ensuring a consistent Australian foreign policy - Scott Morrison

The Morrison Government will introduce new legislation to ensure the arrangements states, territories, councils and universities have with foreign governments are consistent with Australian foreign policy.   The Commonwealth Government has exclusive...

Let's talk about nits!

My daughter struggled with nits for 8 years until I found this miracle cure Nits. The one-word granted to strike fear into mums everywhere … and have them immediately scratching their...

CHECK.CHECK.CHECK. The new ‘Slip, Slop, Slap,’ for a night out campaign

CHECK.CHECK.CHECK. The new ‘Slip, Slop, Slap,’ for a night out launched by the Night Time Industries Association A new campaign Check. Check. Check. encouraging punters to do their...