Australia won’t retaliate against ‘unjustified’ US tariffs on steel and aluminum

News Snapshot:

MELBOURNE, Australia (AP) — Australian Prime Minister Anthony Albanese said Wednesday that U.S. tariffs on Australian steel and aluminum were unjustified, but his government would not retaliate with its own tariffs. U.S. President Donald Trump said last month he was considering a tariff exemption for Australia, a free trade treaty partner that has traded with the United States at a deficit for decades. A former Australian government secured an exemption with the previous Trump administration in 2018 based on arguments including that Australian steelmaker BlueScope employs thousands of workers in the U.S. Albanese said he would continue to pursue an...