Australian steel producer BlueScope Steel expressed disappointment over US tariffs placed by President Donald Trump. As one of the largest producers of steel in the US, BlueScope has been lobbying the American government to ensure its ‘investment proposition is fully understood.' But local advocates have been pushing for BlueScope Steel to concentrate their efforts domestically, proposing it is a matter of national security.
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00:00The South Coast Labor Council says the Trump administration's decision should serve as
00:06a warning.
00:07It wants the Australian government to shore up domestic operations by ensuring local steel
00:13is used in large government contracts.
00:16The Council's Secretary, Arthur Rorris, says Australia needs to keep a sovereign capacity
00:21for steel making because it's not just about economics, it's also about national security.
00:27The greatest threat facing the Australian steel industry at the moment is not Trump's
00:33tariffs.
00:35The greatest threat is Trump wanting to steal our industry.
00:40We need to look at his motivations carefully.
00:43And it has been very clearly stated he wants to take Blue Scope and every other company
00:49and get them invested and based in the United States.
00:54As for Blue Scope Steel, while it says it's disappointed it has not been able to secure
01:00an exemption as it did under the previous Trump administration, it will continue to
01:05lobby the US government to overturn the decision.