Australian iron and steel exports to the US were worth $378,803,827 in 2023.
will impose 25 per cent tariffs on all steel and aluminium imports, including from Canada and Mexico, as well as other import duties later in the week."Any steel coming into the United States is going to have a 25 per cent tariff," he told reporters Sunday on Air Force One as he flew from Florida to New Orleans to attend the Super Bowl.
"If they are charging us 130 per cent and we're charging them nothing, it's not going to stay that way," he told reporters. According to the United Nations COMTRADE database, Australian iron and steel exports to the US were worth about $378 million .President Donald Trump speaks to reporters aboard Air Force One. Tariffs are coming much earlier in his presidency than during his previous four years in the White House, when he prioritised tax cuts and deregulation.
Trump has alternately said he sees import taxes as tools to force concessions on issues such as immigration, but also as a source of revenue to help close the government's budget deficit.
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