Australia will not revise critical minerals-for-tariffs exemption deal rejected by Trump administration

The Australian resources minister was saddened the US did not accept an offer of guaranteed supply to critical minerals in return for steel and aluminium tariff exemptions, and has warned the package will not be improved. Australian diplomats proposed a more reliable supply of critical minerals – which are essential for renewable energy, computer and battery technologies – as they sought exemptions from a 25% tax on steel and aluminium imports. The offer was rejected by US officials and Australia was subjected to the tariffs along with all other nations on Wednesday afternoon. This is despite Malcolm Turnbull’s government securing

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