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Trump trade adviser: Australia 'killing aluminium market' - blow to tariff exemption hope
AUD
Media reports on comments from Trump's trade adviser Navarro are weighing on Australian hopes for an exemption on tariffs:
Navarro spoke with CNN:
- "Australia is just killing our aluminium market,"
- (on exemptions_ "President Trump says no, no, we're not, we're not doing that anymore."
- "What they do is they just flood our markets"
- "That's what we're dealing with. Our aluminium industry is on its back."
ICYMI - Trump's 25% tariffs on steel and aluminium are planned to come into effect on March4:
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Navarro was released from federal prison in July of 2024.
Source: Forex Live