The Guardian

‘Trusted capital from your long-term ally’: Australian super’s US trip to bolster efforts to avoid Trump’s steel tariffs


Super Members Council says summit may sway US president on tariffs on Australian industry after seeing scale of investment in US

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Australia’s $2.8tn superannuation industry will bolster the Albanese government’s bid to secure an exemption from the Trump administration’s 25% tariffs on steel and aluminium imports this week.

A delegation of Australia’s largest funds will meet with US government officials from Monday, as part of a four-day summit designed to improve awareness of the industry’s long-term contributions to the US economy and its plans to more than double investment.

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Source link : https://www.theguardian.com/australia-news/2025/feb/23/trusted-capital-from-your-long-term-ally-australian-supers-us-trip-to-bolster-efforts-to-avoid-trumps-steel-tariffs

Author : Henry Belot

Publish date : 2025-02-23 02:42:00

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Tags : The Guardian
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