One of Australia’s largest exports to the US escapes tariff hit

Original article by Olivia Ireland
The Sydney Morning Herald – Page: Online : 13-Aug-25

US President Donald Trump has confirmed that gold imports will continue to be exempt from his administration’s tariffs regime. Trump has clarified the situation in response to the Customs & Border Protection agency’s recent ruling that one-kilogram and 100-ounce gold bars will be subject to the country-based tariffs regime that took effect on 7 August. Official data shows that Australia exported $11bn worth of non-monetary gold to the US during the first four months of 2025, compared with $2.95bn for the whole of 2024.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

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