The US administration's decision to impose tariffs on steel and aluminium is a concerning development for businesses in NSW.
The NSW Government supports the Federal Government continuing to engage with the US administration on this matter.
Australia has no tariffs on the US and NSW supports keeping trade free. Tariffs are a recipe for more inflation and slower growth.
NSW leads the nation in selling our intelligence and goods to the world, meaning open markets are in the interest of the people of our state.
The US decision is also disappointing news given the work to undo 12 years of Liberal-National neglect, when manufacturing declined in eight out of 10 years, is underway.
We are a key supplier of metallurgical coal, necessary for the manufacture of steel in Australia and among key US trading partners.
As such, we will also be watching closely the impact of these tariffs on our mining sector.
Businesses, workers, and economies around the world benefit from open, free and fair trade.
These are the values that underpin our economic and trade policies and which we will continue to promote.
The Minns Labor Government will continue to support local jobs and industries - including through our 'If not, why not' initiative, and the newly released Industry Policy - while reinforcing NSW's commitment to free trade.
The Minns Labor Government is committed to supporting local manufacturing workers and industries.
