Australia Denies Any Deal Was Behind U.S. Tariff Exemptions
- Trump agrees to exempt Australia from steel, aluminum tariffs
- ‘We are in choppy waters’ on trade: minister Ciobo says
Photographer: Sergio Dionisio/Bloomberg
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Australian Minister for Trade and Investment Steven Ciobo denied that Australia struck a security agreement with the U.S. to get exempted from tariffs on steel and aluminum announced by President Donald Trump.
“Ultimately, we have a very healthy trade and investment relationship with the United States, especially the type that President Trump likes, and off the back of that it’s understandable that the president resolved that Australia wouldn’t be subject to these tariffs,” Ciobo told the ABC’s Insiders program on Sunday.