Part 5/10:
The implications of Trump's statements are complex. While the remarks appeared to be "off-the-cuff," they raised concerns about possible increases in tariffs from 10% to 15-20%, which could impact Australia's exports, notably beef and other commodities. Importantly, Molino clarified that these comments are part of a larger, fluid negotiation process. The US administration's bargaining position has been shifting over recent weeks, indicating that the final tariff levels remain uncertain.