Building products makers Brambles and James Hardie fall after Trump's tariff calls
ReutersMar 11, 2025 11:37 PM
Shares of Australian building products makers drop after local media reported the country will not be exempt from U.S. steel and aluminium tariffs that President Donald Trump's administration will impose
Shares in Brambles BXB.AX which makes pallets, dropped as much as 3% to their lowest since February 25
James Hardie Industries JHX.AX, a fiber cement maker, slumped up to 3.2%
Trump agreed in February to consider exempting Australia from the tariffs given the U.S. trade surplus with the country, following a phone call with Australian Prime Minister Anthony Albanese
Brambles makes both steel and aluminium pallets
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