Reported at www.indailysa.com.au: Australia’s treasury has advised against imposing retaliatory tariffs on the United States following a meeting between Treasurer Jim Chalmers and U.S. officials regarding potential tariffs on steel and aluminum imports.

Chalmers said that Australia has a different case due to the U.S. trade surplus with Australia and the absence of currency manipulation.

Treasury Secretary Steven Kennedy warned that trade restrictions would primarily harm Australian consumers and businesses, urging instead to seek cooperation and exemptions from tariffs.