US President Trump confirms that he will give ‘great consideration’ to an Australian exemption in the United States steel and aluminium tariff.
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00:00So, essentially, we're putting on a 25% tariff, without exception, on all aluminum and all
00:08steel and it's going to mean a lot of businesses are going to be opening in the United States.
00:14Mr. President, the Australian Prime Minister has said that you are considering an exemption
00:18for Australia on steel.
00:19Is that correct?
00:20And why?
00:21I just spoke to him, a very fine man, and he has a surplus.
00:25I mean, we have a surplus with Australia.
00:29One of the few and the reason is they buy a lot of airplanes.
00:32They are rather far away and they need lots of airplanes and we actually have a surplus.
00:37It's one of the only countries which we do and I told him that that's something that
00:42we will give great consideration to.