Australia spared from higher Trump tariffs
Australian products will not be subject to higher tariffs after US President Donald Trump announced new levies on dozens of other countries.
Australia will be spared from higher tariffs after the Trump administration announced new levies for dozens of countries.
The White House on Friday, Australian time, revealed the US president’s decision to hike import taxes for products from nations that “failed to engage in negotiations with the United States or to take adequate steps to align sufficiently on economic and national security matters”.
Australia is not included on the list and its products will continue to be subject to a baseline 10 per cent tariff rate.
New Zealand imports will be subject to a greater 15 per cent tariff, while more punitive rates have been imposed on products from other nations including Canada.
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The Albanese government recently wound back biosecurity restrictions on US beef imports, although ministers insisted the move was a coincidence and not in response to the tariffs.
Washington has complained to Australia about non-tariff trade barriers in place, including long-standing restrictions on beef following a prior outbreak of mad cow disease.
The US president has struck trade agreements with major partners such as Japan and the European Union after threatening them with punitive tariffs.
-with AAP
