Aus TradeMin Ciobo calls US' steel tariffs as 'disappointing'
|Australia's Trade Minister Steven Ciobo speaks to reporters in Sydney, expressing his disappointment on the US steel tariffs announcement.
Key Points:
Australia seeks an exemption to US steel tariffs.
Urgently seeking to speak with US commerce secretary Wilbur Ross.
The imposition of a tariff like this will distort trade and lead to a loss of jobs.
Australia PM Turnbull has raised the matter with Trump 'directly'.
If the reaction from major economies got bad enough, could possibly see a recession.
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