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Trump’s steel tariffs are unlikely to have a big impact on Australia. But we could be hurt by what happens globally

  • Written by Scott French, Senior Lecturer in Economics, UNSW Sydney
Trump’s steel tariffs are unlikely to have a big impact on Australia. But we could be hurt by what happens globallyShestakov Dymytro/Shutterstock

Just one day after the US Court of Appeals temporarily reinstated the Trump Administration’s Liberation Day tariffs of between 10% and 50% on nearly every country in the world, Trump announced tariffs on all US imports of steel and aluminium will increase from 25% to 50%.

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