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Australia Escapes Worst-Case Tariff Hikes as Trump Keeps Baseline at 10%
In what has been anticipated as a crucial test of Australia's trade resilience, US President Donald Trump announced his decision on tariffs affecting Australian exports. The long-awaited verdict confirms that Australia will avoid being slapped with tariffs exceeding 10%. While this outcome is being hailed as a win by some political figures, many analysts and opposition voices argue that the reality is far more nuanced.