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

Trump threatens to escalate trade war amid confusion over new tariff rates

Original article by Callum Jones
The Guardian – Page: Online : 9-Jul-25

US President Donald Trump has ruled out another extension to the reciprocal tariffs deadline, which has already been pushed back to 1 August. Trump has also advised that more countries will be informed of their new tariffs in coming days; Japan and South Korea are among the 14 countries that have already received letters advising that they will face tariffs of up to 40 per cent. Meanwhile, Trump has announced punitive tariffs on a range of imports; this includes a tariff of 50 per cent on copper and up to 200 per cent on foreign-made drugs, although he indicated that pharmaceutical companies will be given at least a years’ notice.

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UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

PM to quote Turnbull in Trump tariff talks

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 13-Nov-24

Prime Minister Anthony Albanese will travel to Peru on Wednesday to attend the APEC leaders’ summit, ahead of the G20 summit in Rio de Janeiro next week. However, he has rejected the Coalition’s push to have a stopover in the US to meet with president-elect Donald Trump, amid concerns that Australia will be directly impacted by his proposed tariff of up to 20 per cent on all non-China imports. Albanese has indicated that he will use similar arguments in tariff talks with Trump as those of former prime minister Malcolm Turnbull in 2017; the latter’s argument that Australia was one of the few nations that had a trade surplus with the US helped convince Trump to shelve plans to impose punitive tariffs on Australian steel and aluminium.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, ASIA-PACIFIC ECONOMIC CO-OPERATION, GROUP OF TWENTY (G-20), UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

US officials query spike in contaminated Australian meat

Original article by Leah Douglas
The New Daily – Page: Online : 28-Oct-21

Data from the US Department of Agriculture shows that food safety officials rejected 10 shipments of meat from Australia in 2020, due to contamination with faeces or other digestive matter. This compares with just one shipment in 2019. Three shipments of meat were also rejected for the same reasons during the first two months of 2021. Brooke Muscat of the Community & Public Sector Union warns that more meat shipments will be rejected by US officials as the shift to the outsourcing of meat inspection services gathers pace.

CORPORATES
UNITED STATES. DEPT OF AGRICULTURE, COMMUNITY AND PUBLIC SECTOR UNION

Australia dodges US tariff blitz

Original article by Jacob Greber
The Australian Financial Review – Page: 11 : 4-Dec-19

US President Donald Trump has accused Brazil and Argentina of deliberately devaluing their currencies. He has retaliated by removing a tariff exemption on steel and aluminium imports from the two nations. Australian imports will continue to be subject to the tariff exemption; local aluminium producers have significantly cut their shipment to the US since May, when concerns were raised within the Trump administration about a sharp rise in export volumes. Trump has also flagged tariffs on imports from France in response to the nation’s digital services tax.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

US-China trade war to rage for decades

Original article by Glenda Korporaal, Rosie Lewis, Ben Packham
The Australian – Page: 1 & 6 : 9-Aug-19

The Department of the Prime Minister & Cabinet’s secretary Martin Parkinson says the US-China trade war is unlikely to be resolved in the near-term, and it could last for decades. He has also used an Asia Society briefing to note that the trade tensions have already undermined confidence in the rules-based trade system. Meanwhile, Business Council of Australia CEO Jennifer Westacott says that handling the trade war requires a delicate balancing act, given that the US is Australia’s biggest ally and China is the nation’s largest trading partner.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, BUSINESS COUNCIL OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN LABOR PARTY, JOHN CURTIN RESEARCH CENTRE