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In addition to the U.S. tariff situation, Australia has made strategic strides in expanding its trade network. The Parliament recently approved a free trade agreement (FTA) with the United Arab Emirates (UAE), which effectively grants tariff-free access for virtually all Australian exports to the UAE. This development is especially promising for Australian agriculture and producers aiming to diversify their markets and reduce overreliance on traditional partners.
Australian officials stress their commitment to free and fair trade, asserting that they will continue to advocate for the removal of tariffs under existing agreements. Invitations have been extended to U.S. officials, such as the Commerce Secretary, to visit Australia and further negotiations on trade barriers.