US tariffs will upend global trade. This is how Australia can respond
- US President Donald Trump announced reciprocal tariffs of at least 10 percent on trading partners to support North American manufacturing and increase federal revenue.
- Trump clarified that vehicles will not be included in the reciprocal tariff scheme, continuing with a 25 percent duty on imports.
- Analysts warn that these tariffs might disrupt the automotive supply chain, raise vehicle prices, and reduce production.
- Experts caution that indirect effects could impact Australia’s economy, particularly if it engages in retaliatory trade measures.
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Coverage Details
Total News Sources21
Leaning Left5Leaning Right5Center1Last UpdatedBias Distribution45% Left, 45% Right
Bias Distribution
- 45% of the sources lean Left, 45% of the sources lean Right
45% Right
L 45%
R 45%
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