Friday, 9 March 2018

Turnbull says US set to grant Australia tariff exemption

SYDNEY — The U.S. appeared set to grant Australia an exemption from its new tariffs on steel and aluminum imports following discussions between President Donald Trump and Prime Minister Malcolm Turnbull.
Trump this week exempted Canada and Mexico from the duties — 25 per cent on steel and 10 per cent on aluminum — and said U.S. allies would have 15 days to negotiate possible exemptions.
That triggered a diplomatic offensive from Australia, including a letter to Trump signed by business leaders and former Australian golfing great Greg Norman, a Trump supporter and friend.

Source:  washingtonpost

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