Australia's trade minister, Don Farrell, rebuffed claims by the Trump administration that Australian aluminum exports are undermining U.S. markets. He highlighted that the assertion is based on a supposed handshake deal made in 2019 that limited exports. Farrell stressed that imposing tariffs on Australia, especially in light of the trade deficit, would be illogical. The issues arose from a voluntary agreement made during the Morrison administration, which the current Albanese government is trying to navigate amid changing political landscapes and tariff implications.
A voluntary commitment, made to Trump in 2019 by the then Morrison government, to unofficially limit aluminium exports to the US is at the heart of the Albanese government's efforts to avoid tariffs.
The argument that will be presented to the United States will be that it doesn't make any sense at all to be imposing a tariff on a country where you have a trade deficit.
Collection
[
|
...
]