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Trump's Steel and Aluminium Tariffs Now in Effect

  • Last week, Trade Minister Don Farrell raised concerns with his American counterpart Jamieson Greer regarding the tariffs that the US has levied on Australian goods.
  • These tariffs rose to 50 percent on steel and aluminum as part of Trump’s global duties that Australia considers unjustified while it buys more from the US than it sells.
  • Farrell made remarks following meetings in Paris last week with the WTO, OECD, and other parties that centered on combating protectionist measures and promoting equitable and open trade.
  • A study by researchers at Yale University estimates that steel tariffs increase overall prices in the US economy by 1.7%, resulting in an average annual expense of $2,800 for American families if these tariffs remain in place.
  • These duties have coincided with announced layoffs of over 1,200 steelworkers by Cleveland-Cliffs and flatlined US steel employment despite tariff increases.
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The United States imposed a basic customs duty of 10% on all imports from Australia and, more recently, a customs duty of 50% on steel and aluminium, the country of which is a major producer.

·Paris, France
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Bias Distribution

  • 57% of the sources lean Left
57% Left
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TVA Nouvelles broke the news in Montreal, Canada on Saturday, June 7, 2025.
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