SYDNEY: Australia will likely still be subjected to the 10% tariff rate on all exports to US but the government will continue to try and negotiate for an exemption, Australian Prime Minister Anthony Albanese said on Friday.
A 90-day pause in the US “reciprocal” tariffs are set to expire early next week, with President Donald Trump threatening to send letters to countries laying out the tariff rates they will face on US imports.
When asked if Australia will stay on the 10% baseline tariff rate after July 9 during an event in Sydney, Albanese said, “I assume that will be the case.” The US tariff deadline of July 9 is not expected to affect Australia, he added.