Pres. Trump Works On Agreement To Exempt Australia From Tariffs - FbiCables Network | The News that Shapes World Opinion

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Sunday, March 11, 2018

Pres. Trump Works On Agreement To Exempt Australia From Tariffs

President Trump announces he is working on an agreement with the Australian prime minister, to not impose steel or aluminum tariffs on the country.
President Donald Trump and Australian Prime Minister Malcolm Turnbull finish a joint news conference in the East Room of the White House in Washington, Friday, Feb. 23, 2018. (AP Photo/Andrew Harnik)
The President took to twitter Friday, saying Prime Minister Malcolm Turnbull is committed to having a ‘fair and reciprocal’ trade partnership with the U.S.
He added the pair are currently working together to draft legal paperwork to allow the exemption.
The Australian prime minister says he is pleased with the progress so far.
“I was very pleased the president was able to confirm that he would not have to impose tariffs on Australian steel and aluminum and of course now the legal paperwork,” said Turnbull. “The proclamation process under the executive order will take its course to put that direction into effect.”
Australia exports just over $300 million worth of steel and aluminum to the U.S. each year.
Turnbull went on to say, the U.S. has a large trade surplus with Australia.

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