Trump trade adviser: Australia ‘killing aluminium market’ – blow to tariff exemption hope

Media reports on comments from Trump’s trade adviser Navarro are weighing on Australian hopes for an exemption on tariffs:

Navarro spoke with CNN:

• “Australia is just killing our aluminium market,”

• (on exemptions_ “President Trump says no, no, we’re not, we’re not doing that anymore.”
• “What they do is they just flood our markets”
• “That’s what we’re dealing with. Our aluminium industry is on its back.”

ICYMI – Trump’s 25% tariffs on steel and aluminium are planned to come into effect on March4:

• ForexLive Asia-Pacific FX news wrap: Trump steel, aluminium tariffs, no exceptions, USD up

Navarro was released from federal prison in July of 2024.

This article was written by Eamonn Sheridan at www.forexlive.com.