Part 1/5:

US Tariff Plans Could Significantly Impact Australian Businesses

Potential Increase in Trade Tariffs for Australian Goods

In recent statements, U.S. President Donald Trump has indicated he is contemplating implementing substantial tariffs on international trade, including for Australian exports. During a press briefing in Scotland, Trump revealed that he is considering raising the baseline tariff that applies to countries engaging with the United States, potentially increasing it from the current 10% to a range between 15% and 20%.