Uncertainty over Trump’s tariff regime

by

Ed.

Reported at michaelwest.com.au: Australia awaits clarification regarding potential reciprocal tariffs announced by President Donald Trump, which might target nations imposing taxes on U.S. products.

Treasurer Jim Chalmers has said that there are ongoing diplomatic efforts to secure an exemption for Australia, highlighting the mutual benefits of the economic relationship.

Despite speculation that Australia’s Goods and Services Tax could draw tariffs, Chalmers reassures that no additional tariffs have been communicated to Australia by the U.S. government.


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