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Good afternoon,

A new round of tariffs could be unleashed by the United States on April 2, but Australia's Trade Minister, Senator Don Farrell, has vowed to not respond with retaliatory action against American imports.

Meanwhile, the largest creditors of the collapsed Whyalla steelworks in South Australia are all companies owned by Sanjeev Gupta, while the amounts owed to the SA government and AFL club Port Adelaide have also been revealed.

And China-linked investors are defying orders from the Australian government to sell out of their shares in a strategically important rare earths project in Western Australia. Northern Minerals has revealed the breach of a divestment order issued by Treasurer Jim Chalmers.

Vesna Poljak
Business Editor
The markets


Commentary
Government to become steel dumping judge, jury... and victim?
By JOHN DURIE
Columnist
As Australia shores up defences against a coming flood of steel imports, the — effectively — Whyalla-owning federal government faces a classic conflict of interest.
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