Speaking at the International Institute of Finance event in Sydney, Westpac chief executive Anthony Miller said it was important not to react to tariffs, but “keep calm and play the long game”.“In a world where there is so much more volatility and uncertainty,

Australia will not impose reciprocal tariffs on the United States, Prime Minister Anthony Albanese said on Wednesday, after President Donald Trump ruled out exemptions or exceptions for all countries on steel and aluminium tariffs.

Australia won’t be granted an exemption from steel and aluminum tariffs despite a lobbying campaign by Prime Minister Anthony Albanese’s government, in a blow to relations between the two longtime allies.