The Australian Steel Institute (ASI) said it will continue to work with the Australian Government to secure an exemption from America’s global tariffs on steel imports.
This comes after the Trump Administration’s decision to raise the tariffs from 25 per cent to 50 per cent from 4 June 2025.
ASI CEO, Mark Cain, said that this increase could exacerbate the surge in imported low-priced steel, and that he could see Australia becoming a dumping ground for imported steel due to the disruptions to the steel trade.
He also said that the ASI will continue pressing for relief on behalf of its 7,000 members despite the decision.
Australia was granted an exemption from the Trump Administration after nine months of lobbying by the ASI, government and other relevant bodies.
In related news, Global Trailer recently reported on America’s transport and logistics networks in light of tariffs and Trump’s historic actions.
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