Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime
Get our breaking news email, free app or daily news podcast
A run on gold in America – fanned by fears of a global trade war – has given Australia its first trade surplus with the US in decades, undermining Australia’s key argument for exemption from Donald Trump’s impending global tariff regime.
Australia expects to be included in a comprehensive global tariff regime of 25% on aluminium and steel imports from Wednesday, but which is set to expand to other sectors, such as agriculture and pharmaceuticals, in coming months.
Sign up for Guardian Australia’s breaking news email
About Author
More Stories
Donald Trump threatens 200% tariff on EU wine and champagne
Australia news live: states sweat over new GST carve-up plan; hot weekend ahead for south-east
Destruction of Ukraine dam caused ‘toxic timebomb’ of heavy metals, study finds