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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European nations are reportedly collaborating with Ukraine on a 12-point plan aimed at ending Russia’s conflict along the existing front lines, according to Bloomberg News on Tuesday.
Syrian civil defence teams have discovered a new mass grave east of Douma, near the capital Damascus, recovering the remains of 20 people — most of them women and children.
U.S. Vice President JD Vance was holding talks in Israel on Tuesday as Washington tries to stabilise the first, shaky, phase of the Gaza ceasefire and push Israel and Hamas towards the harder concessions asked of each side in coming talks.
China’s imports of Russian crude oil increased in September, highlighting Beijing’s continued energy cooperation with Moscow despite persistent pressure from the United States to desist.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
European nations are reportedly collaborating with Ukraine on a 12-point plan aimed at ending Russia’s conflict along the existing front lines, according to Bloomberg News on Tuesday.
Syrian civil defence teams have discovered a new mass grave east of Douma, near the capital Damascus, recovering the remains of 20 people — most of them women and children.
China’s imports of Russian crude oil increased in September, highlighting Beijing’s continued energy cooperation with Moscow despite persistent pressure from the United States to desist.
Several countries and international organisations have welcomed the ceasefire agreement between Afghanistan and Pakistan, describing it as a vital step towards easing tensions and fostering regional stability.
U.S. Vice President JD Vance was holding talks in Israel on Tuesday as Washington tries to stabilise the first, shaky, phase of the Gaza ceasefire and push Israel and Hamas towards the harder concessions asked of each side in coming talks.
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