Australia will retain the lowest U.S. tariff rate of 10%, a move expected to boost its exports, while neighbouring New Zealand will face a higher 15% duty under President Donald Trump’s new tariff regime.
Trade Minister Don Farrell said on Friday that Australian products would become more competitive in the U.S. market after Trump kept the baseline tariff for Australia at 10%, while raising duties for 68 other trading partners to between 10% and 41%.
“What this decision means … is that Australian products are now more competitive into the American market,” Farrell told reporters in Adelaide, adding that the government would help exporters increase shipments.
Trump announced a 35% tariff on Canadian goods, 50% on Brazilian exports and 25% on Indian products, with the new rates taking effect in seven days.
New Zealand’s trade minister Todd McClay said he was seeking an urgent call with U.S. officials after tariffs on New Zealand goods rose to 15% from 10%. The United States is New Zealand’s second-largest export market, worth about NZ$9 billion (about $5.3 billion) annually.
Farrell said Australia’s approach to talks with Washington was a “vindication” of the Albanese government’s diplomacy. Australia recently eased restrictions on U.S. beef imports, though Prime Minister Anthony Albanese said the decision had been under consideration for some time and was not tied to trade negotiations.
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The Hayli Gubbi volcano in Ethiopia’s Afar region erupted on Sunday morning (23 November), covering nearby villages in ash....
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On Monday (24 November), the U.S. formally designated Venezuela’s “Cartel de los Soles” as a foreign terrorist organisation and imposed addition...
Beijing on Tuesday denied claims that it “detained or harassed” a resident from the disputed India-China border region at Shanghai airport, while reaffirming its claim over Arunachal Pradesh, which China refers to as Zangnan.
U.S. President Donald Trump has announced that he will send special envoy Steve Witkoff to Russia to meet President Vladimir Putin, aiming to resolve remaining differences in a peace framework for Ukraine.
Napoli secured a 2-0 victory over Qarabağ in their UEFA Champions League group stage clash at the Stadio Diego Armando Maradona in Italy.
The Hayli Gubbi volcano in Ethiopia’s Afar region erupted on Sunday morning (23 November), covering nearby villages in ash.
The Hayli Gubbi volcano in north-eastern Ethiopia erupted on Sunday for the first time in over 12,000 years, before halting on Monday, according to the Toulouse Volcanic Ash Advisory Center.
On Monday (24 November), the U.S. formally designated Venezuela’s “Cartel de los Soles” as a foreign terrorist organisation and imposed additional terrorism-related sanctions on its members, including President Nicolás Maduro and other senior officials.
U.S. President Donald Trump has told his advisers that he plans to speak directly with Venezuelan President Nicolas Maduro according to Axios, as Washington designated him as the head of a terrorist organisation on Monday. A claim Maduro denies.
Chinese President Xi Jinping has once again expressed strong support for Venezuelan President Nicolás Maduro, condemning foreign interference and criticising U.S. actions in the region.
South Korean President Lee Jae Myung met with Chinese Premier Li Qiang and Japan's Prime Minister Sanae Takaichi during last weekend's G20 summit in South Africa, Lee's office said on Monday.
Galatasaray suffered a 1-0 defeat at home to Belgian side Union Saint-Gilloise in the fifth round of the UEFA Champions League.
Beijing on Tuesday denied claims that it “detained or harassed” a resident from the disputed India-China border region at Shanghai airport, while reaffirming its claim over Arunachal Pradesh, which China refers to as Zangnan.
U.S. President Donald Trump has announced that he will send special envoy Steve Witkoff to Russia to meet President Vladimir Putin, aiming to resolve remaining differences in a peace framework for Ukraine.
The Hayli Gubbi volcano in Ethiopia’s Afar region erupted on Sunday morning (23 November), covering nearby villages in ash.
British Prime Minister Keir Starmer said on Tuesday that Ukraine needs “more support now” and confirmed that the UK will send additional air defence missiles in the coming weeks.
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