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of <h1>Trump Weighs Exempting Australian Steel and Aluminum from Tariffs After Talks with Australian PM</h1> US President Donald Trump is considering exempting Australian steel and aluminum from new tariffs following a discussion with Australia's Prime Minister. The decision comes after Trump removed previous exemptions, imposing a 25% tariff on steel and increasing aluminum tariffs from 10% to 25%. Australia, which previously had an exemption, argues for the exemption due to its trade deficit with the US and the employment of thousands by Australian company BlueScope in the US. The discussion also touched on the AUKUS agreement, emphasizing the strategic importance of Australian steel and aluminum in defense industries. Both leaders described the conversation as positive.
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