Australia Scrambles for Exemption as $900 Million in Steel, Aluminium Face Trump Tariffs

US President Donald Trump’s new 25 percent tariffs will have a major impact on countries like Canada, China, Brazil, and Mexico.

Molten steel is made in the BOS, slab caster and steel treatment factory at BlueScope Steelworks in Port Kembla, Wollongong in New South Wales of Australia on Feb. 9, 2024. AAP Image/Dean Lewins

Australian leaders are considering their next steps after U.S. President Donald Trump announced sweeping 25 percent tariffs on steel and aluminium imports, set to impact hundreds of millions of Aussie goods.

Trump confirmed the new duties would apply to all steel and aluminium imports.