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Why Trump's tariffs will have little impact on Australia and a trade war is unlikely

  • Written by Tony Makin, Professor of Economics, Griffith University
Why Trump's tariffs will have little impact on Australia and a trade war is unlikelyDonald Trump has announced import tariffs on steel and aluminium.Shutterstock

US President Donald Trump has levied a 25% tariff on steel and a 10% tariff on aluminium imported from all countries except Canada and Mexico. Trump had hinted that the trade protections would exclude Australia, but it wasn’t explicitly exempted.

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