Australian treasurer who seeks to obtain a tariff exemption in talks with Bessent

Australian treasurer, Jim Chalmers, will continue to pressure for the exemptions of steel and aluminum tariffs in his discussions with Treasury Secretary Scott Payette this week.

Chalmers traveled to Washington on Sunday night to attend his first personal meeting with his counterpart since Bessin took this position, although Chalnes noticed in a statement that “our fixed relationship precedes this meeting.”

Chalmers told the Australian Broadcasting Corporation (ABC) that he does not expect to conclude these discussions about steel and aluminum while I am in the capital, “but he expects the definitions to be the focus of discussions.

“Trade and definitions will be part of the conversation, but not the entire conversation. This is a continuous discussion that we enter with our American counterparts,” he said in the statement.

Chalmers said in a statement that the meeting came “at an important time for global economic expectations.”

“The United States – Australian economic partnership brings great benefits to both sides.” “From capital markets to metals and critical trade, there is a lot for discussion.”

The meeting comes amid a batch of the Australian government for customs tariff exemptions on Australian and aluminum steel.

President Trump this year removed the exemptions from his 2018 tariff on steel imports, imposing a tax on all steel imports effectively by at least 25 percent, and raised the 2018 tariff on aluminum imports to 25 percent as well.

Trump said on February 10 that he agreed to “pay a great consideration” to exempt the Australian and aluminum tariffs after talking to Australian Prime Minister Anthony Albaniz. Australia had a definition exemption during the first period of Trump.