The Sydney Morning Herald reports that President Donald Trump’s top economic adviser has downplayed the prospect of any exemptions to the US president’s steel and aluminium tariffs, as the Albanese government battles to secure a last-minute carve-out before the imposts come into force.
John Kunkel, a trade policy expert at the United States Studies Centre, is quoted in the article, saying that an exemption looked “increasingly less likely” since Albanese’s promising phone call with Trump.