File footage of steel production plant after Australia fails to obtain exemption from Trump's tariffs
Record ID:
1982941
File footage of steel production plant after Australia fails to obtain exemption from Trump's tariffs
- Title: File footage of steel production plant after Australia fails to obtain exemption from Trump's tariffs
- Date: 12th March 2025
- Summary: PORT KEMBLA, AUSTRALIA (FILE – FEBRUARY 9, 2024) (REUTERS) FIRE BURNING DURING OXYGEN STEEL MAKING PROCESS SPARKS FLYING OFF METAL FIRE BURNING FIRE REFLECTING OFF FACTORY FLOOR FLAMES VARIOUS OF MACHINERY OPERATING IN BLAST FURNACE BUILDING EXTERIOR OF BLAST FURNACE BUILDING SMOKE BILLOWING BEHIND BLAST FURNACE BUILDING FLAME COMING OUT OF CHIMNEY STEEL PRODUCTION PLANT G
- Embargoed:
- Keywords: Australia Trump aluminium economy foreign affairs steel tariffs trade united states
- Location: PORT KEMBLA, AUSTRALIA
- City: PORT KEMBLA, AUSTRALIA
- Country: Australia
- Topics: Asia / Pacific,Diplomacy/Foreign Policy,Government/Politics
- Reuters ID: LVA001809312032025RP1
- Aspect Ratio: 16:9
- Story Text:Australia said it will not impose reciprocal tariffs on the United States, after President Donald Trump's increased tariffs on all U.S. steel and aluminum imports came into effect on Wednesday (March 12) with no exceptions for Australia.
Trump had said earlier in February that he would "give great consideration" to exempting Australia from the tariffs in view of the U.S. annual trade surplus with the country, following a phone call with Australian Prime Minister Anthony Albanese.
Close U.S. allies Canada, Britain and Australia criticised the blanket tariffs, but Australian Prime Minister Anthony Albanese said his country will not impose reciprocal tariffs on the U.S. due to potential impact on inflation, and he would continue to lobby the U.S. administration for a reprieve.
Trump's hyper-focus on tariffs since taking office in January has rattled investor, consumer and business confidence in ways that economists increasingly worry could cause a U.S. recession.
(Production: Cordelia Hsu) - Copyright Holder: REUTERS
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