Australia news live: Jim Chalmers meeting with US Treasury to discuss Trump’s steel tariffs; one dead after police standoff in Tamworth

The treasurer will continue to lobby US officials for an Australian exemption to steel and aluminium tariffs Chalmers meeting with US Treasury to discuss Trump’s steel tariffsThe federal treasurer, Jim Chalmers, will fly to the United States tonight to meet with the US treasury secretary, Scott Bessent.Trade and tariffs will be part of the conversation, but not the whole conversation. That is an ongoing discussion that we’re having with our American counterparts. I don’t expect he will conclude those discussions on steel and aluminium while I’m in DC.I am not going to pre-empt the outcome of those conversations, nor do I expect those discussions will necessarily be concluded this week, to be upfront with you.We believe that Australia’s golden opportunity in this world of churn and change is at the intersection of our resources base, our industry base, our skills and the energy transformation and the investments we are making enthusiastically with the South Australian government in Whyalla are a reflection of that. Continue reading...

Australia news live: Jim Chalmers meeting with US Treasury to discuss Trump’s steel tariffs; one dead after police standoff in Tamworth

The treasurer will continue to lobby US officials for an Australian exemption to steel and aluminium tariffs

Chalmers meeting with US Treasury to discuss Trump’s steel tariffs

The federal treasurer, Jim Chalmers, will fly to the United States tonight to meet with the US treasury secretary, Scott Bessent.

Trade and tariffs will be part of the conversation, but not the whole conversation. That is an ongoing discussion that we’re having with our American counterparts. I don’t expect he will conclude those discussions on steel and aluminium while I’m in DC.

I am not going to pre-empt the outcome of those conversations, nor do I expect those discussions will necessarily be concluded this week, to be upfront with you.

We believe that Australia’s golden opportunity in this world of churn and change is at the intersection of our resources base, our industry base, our skills and the energy transformation and the investments we are making enthusiastically with the South Australian government in Whyalla are a reflection of that. Continue reading...