Trump’s 50 Percent Steel and Aluminium Tariffs Will Have Limited Impact on Australia: Economist

UNSW senior lecturer Scott French said less than 1 percent of Australian steel and aluminium were exported to the United States.

The Port Kembla Steelworks the home of Bluescope Steel and Colourbond in Wollongong, New South Wales in Australia on March 12, 2018. AAP Image/Dean Lewins

Australia should feel little impact from the Trump administration’s hiked steel and aluminium tariffs, according to an economist from University of New South Wales (UNSW).

Scott French, a senior lecturer at the UNSW’s business school, told The Epoch Times that only 10 percent of the steel and aluminium produced in Australia is exported, and of that, less than 1 percent is sent to the United States.