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'Entirely unjustified': PM slams Trump tariff decision
Australian Community Media
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3/12/2025
Anthony Albanese has stated Donald Trump's decision not to grant Australia an exemption to steel and aluminium tariffs is "entirely unjustified" and goes "against the spirit" of the relationship with one of our closest allies.
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00:00
Such a decision by the Trump administration is entirely unjustified.
00:06
This is against the spirit of our two nations enduring friendship
00:11
and fundamentally at odds with the benefits that our economic partnership has delivered over more than 70 years.
00:20
Australia has no tariffs on goods from the United States
00:24
and of course we have a free trade agreement with the United States.
00:28
Our government will continue to put forward a very strong case for an exemption
00:34
noting that the last time this occurred it took months for that exemption to be granted.
00:40
We will advocate for Australian trade with the United States at every level and through every channel.
00:48
Australia will continue working hard for a different outcome
00:52
and discussions with the Trump administration are ongoing.
00:57
Our government is prepared and has been engaging directly with the Australian steel and aluminium industry
01:04
and will continue to work through this with them.
01:08
As with other products and resources that Australia has
01:12
we will continue to diversify markets for our products which are in demand globally.
01:19
Australian steel and aluminium exports to the United States represent less than 0.2%
01:27
of the total value of our exports.
01:30
Neither is in the top 10 of what Australia sells to the United States.
01:37
Tariffs and escalating trade tensions are a form of economic self-harm
01:43
and a recipe for slower growth and higher inflation.
01:48
They are paid by the consumers.
01:51
This is why Australia will not be imposing reciprocal tariffs on the United States.
01:57
Such a course of action would only push up prices for Australian consumers and increase inflation.
02:05
We will continue to engage constructively with the United States
02:09
and to make the case for Australian trade and the benefits that it gives to people in the United States of America.
02:18
Around the world and here at home
02:20
our government will always stand up for Australian jobs and Australian industries.
02:25
All Australians of course can join this effort
02:28
and support our industries by taking the opportunity to buy Australian
02:32
and the March Budget will provide additional support for our Buy Australian campaign
02:39
which we will be announcing as part of that budget process.
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