Prime Minister Anthony Albanese has revealed the details of his phone call with US President Donald Trump as the government stares down the barrel of crippling trade tariffs.

Albanese, who must hold an election by May 17, has been under intense pressure from local lawmakers and executives to secure tariff exemptions for Australia's steel and aluminum exports to the US

Sky News host Sharri Markson discusses how Prime Minister Anthony Albanese is failing to curry favour for Australia under Donald Trump’s tariff war.

While a timeline for a decision has not been announced, both countries agreed a tariff exemption for Australia was “under consideration”.

U.S. President Donald Trump says he has agreed to consider a tariff exemption on Australian steel and aluminum imports after a telephone conversation with Australia’s prime minister.

Sky News host Andrew Bolt discusses the Prime Minister’s “giant game of chicken” with US President Donald Trump.

U.S. President Donald Trump has agreed to consider exempting Australia from his steel and aluminum tariffs, Prime Minister Anthony Albanese said on Tuesday after what he called a constructive phone call with Trump.

Prime Minister Anthony Albanese said he had a "constructive and warm" conversation with Donald Trump, after the president announced 25 per cent tariffs on all steel and aluminium imports to the United States.

Anthony Albanese says he and Donald Trump agree that an exemption on steel and aluminium tariffs is under consideration; the two had a “great conversation”. Follow live updates here.