At the time, many argued we had paid too much, and US President Donald Trump’s decision to impose tariffs on Australian steel and aluminium shows it can’t even protect Australia’s steel and aluminium from being slapped with arbitrary tariffs.
Those exports will now face 25 per cent tariffs in the United States.
This should serve as a wake-up call that the Australia-United States Free Trade Agreement (AUSFTA) can’t even do what it’s supposed to do: protect free trade between Australia and its most powerful ally.
AUSFTA was signed in 2004. The Howard Government had pulled Australia into the Iraq War and was dedicated to deepening ties with the George Bush-led USA through a trade deal.
The final text included no major concessions from the US, and, despite Australia’s focus on boosting agricultural exports, the US only gave small and gradual concessions on its otherwise protected and subsidised agricultural sector, and didn’t loosen restrictions on sugar imports at all.










