Reported at www.aumanufacturing.com.au: Australian steel and aluminium manufacturers face a major setback as the US has denied their request for tariff exemptions on a 25% levy imposed by the Trump administration.
White House press secretary Karoline Leavitt indicated that Australian producers should consider relocating manufacturing to the US to avoid these tariffs, while local officials continue negotiations with the US government.
The situation is further complicated by accusations from US trade advisors of Australia dumping subsidized aluminium in the US market, raising concerns about increased costs and reduced access to the US market for Australian manufacturers.