Mar 9, 2018 - Economy

Trump leaves door open to tariff exemptions for Australia

President Trump tweeted on Friday that the "great nation of Australia" may be exempted from steel and aluminum tariffs.

Why it matters: Trump has voiced the possibility of reprieve for Mexico and Canada as well. The reaction around the world to his tariffs have been mostly negative, with China and the E.U. saying they could retaliate with their own restrictions.

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