💨 Abstract

Australia, led by Prime Minister Anthony Albanese, has announced it will not impose reciprocal tariffs on the United States following President Donald Trump's decision to implement 25% tariffs on all imported steel and aluminium products from all countries. Albanese stated that such tariffs would harm Australian consumers, increase inflation, and negatively impact their economic partnership.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖