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AAP
AAP
Politics
William Ton and Tess Ikonomou

Albanese hits out at Trump's 'economic self harm'

Raising tariffs on foreign steel will just increase costs for US consumers, Anthony Albanese says. (Dean Lewins/AAP PHOTOS)

US President Donald Trump's decision to double tariffs on Australia's steel exports are an act of "economic self harm", Anthony Albanese says ahead of an expected face-to-face meeting between the two leaders.

The US president plans to increase tariffs on foreign steel from 25 to 50 per cent to "further secure" the domestic industry. 

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