Apr 03, 2025 (The Australian Financial Review - ABIX via COMTEX) --
Woodside Energy's CEO Meg O'Neil says the Trump administration's reciprocal tariffs regime will have a ripple effect across the global economy, which will in turn result in higher costs. Rio Tinto's head of iron ore Simon Trott says the tariffs regime could potentially prompt the global resources group to accelerate the development of US projects such as the Resolution copper mine. Australian Industry Group CEO Innes Willox has warned of the prospect of retaliatory tariffs as countries that are hard-hit respond to the new impost. He adds that Australia will need to ensure that its anti-dumping rules are robust and transparent, as more goods are likely to be redirected from the US..
Publication Date: 4 April 2025
WOODSIDE ENERGY GROUP LIMITED - ASX WDS
RIO TINTO LIMITED - ASX RIO
THE AUSTRALIAN INDUSTRY GROUP
COMTEX_464207564/2229/2025-04-03T19:45:03
By Perry Williams and Brad Thompson
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