Prime Minister Malcolm Turnbull says an executive order will be signed by U-S President Donald Trump exempting Australia from steel or aluminium tariffs. After ongoing discussion between the two nations, both leaders have confirmed the exemption.
Mr Turnbull has thanked President Trump for his decision.
"I was very pleased the president was able to confirm that he would not have to impose tariffs on Australian steel and aluminium and of course now the legal paperwork, the proclamation process under the executive order will take its course to put that direection into effect."
Opposition Minister for Trade Jason Clare has welcomed the exemption from the 25 per cent tariffs on imported steel and 10 per cent on aluminium imports.
"It's great news and we welcome it, and I congratulate the government and the officials that have been working hard to secure this exemption for Australia. We deserve it, we should get it. We're America's closet ally, one of their very best friends."
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