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Australia has some 'strong arguments' to gain an exemption from Trumps tariffs

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Former federal trade minister and ANZ Head of APAC Engagement Simon Birmingham discusses whether Australia could be exempt from the Trump administration's global steel and aluminium tariffs.
The article from MSN discusses Australia's potential exemption from the new U.S. tariffs on steel and aluminum, as proposed by former President Donald Trump. It highlights that Australia has several compelling arguments for an exemption, including its status as a long-standing ally of the U.S., with shared security interests and military cooperation. Additionally, Australia's steel and aluminum industries are not considered a threat to U.S. national security, which is the basis for the tariffs. The article mentions that trade between the two nations is relatively balanced, and Australia's exports to the U.S. are not significant enough to disrupt the American market. Furthermore, there's an ongoing dialogue between Australian officials and the U.S. administration to negotiate terms that could see Australia exempted from these tariffs, emphasizing the mutual benefits of free trade and the strategic partnership between the two countries.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/politics/government/australia-has-some-strong-arguments-to-gain-an-exemption-from-trumps-tariffs/ar-AA1z8rYm ]