US Treasury boss thaws on ‘unsustainable’ China tariffs
A key figure in the Trump administration says tariffs between the US and China are "unsustainable" following an apparent softening of the president's position.
A key figure in the Trump administration says tariffs between the US and China are "unsustainable" following an apparent softening of the president's position.
"I don't want them to go higher because at a certain point you make it where people don't buy," Donald Trump says of the tariffs he has imposed on China.
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A national security review of critical minerals imports has been ordered by President Donald Trump in an escalation of his dispute with global trading partners.
Winston Peters, the wily veteran of New Zealand politics, appears to be dialling up pressure on his boss Chris Luxon ahead of a leadership handover.
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Global trade concerns are a key topic of conversation between Australia and Indonesia as US trade tariffs wreak uncertainty among governments and markets.
China's foreign affairs spokesman says the US tariffs are "a typical act of unilateralism, protectionism and economic bullying".
Wine industry figures say the new US tariffs will increase costs throughout the supply chain and risk bulk American wine replacing affordable Australian drops.
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An escalating trade war has slashed the odds of interest rate cuts for Australian mortgage-holders, including a potential mega cut weeks after the election.
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US President Donald Trump's across-the-board tariffs have provoked threats of retaliation and sparked fears about their impact on the global economy.
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Donald Trump's sweeping tariffs have "no basis in logic", Anthony Albanese says, as Peter Dutton accuses the prime minister of neglecting the US relationship.
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Donald Trump's "unwarranted" decision to impose tariffs on Australia and other trading partners has rattled investors and left exporters facing an anxious wait.
After weeks of growing concern, President Donald Trump is set to announce his barrage of promised tariffs that could set the stage for a global trade war.
US President Donald Trump says he had an "extremely productive" first call with Canadian Prime Minister Mark Carney, amid an ongoing trade war.
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Australia's economy is tipped to grow faster in 2025 but US tariffs and trade wars could be enough to send marginal businesses to the wall.
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The government has made another pitch to US officials to gain an exemption from American tariffs on Australian steel and aluminium imports worth $1 billion.
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Australia has been warned against relying on Donald Trump as it continues to try to negotiate for an exemption from the US president's trade tariffs.
A think tank has warned Australia's pharmaceutical sector could be one of the industries impacted if Donald Trump's administration imposes more tariffs.
Stocks have dropped again after Donald Trump threatened a 200 per cent wine tariff on the EU if it doesn't relent on plans to lift taxes on US whiskey.
The government assures a key export sector of support as a new tariff threat emerges while fresh funding reinforces metal manufacturing against US levies.
Canada and Europe have been quick to retaliate after President Donald Trump's metals tariffs came into effect.
The worst consequences of Donald Trump's tariffs won't be borne by Australia's economy, but by its relationship with the US, an expert has warned.
President Donald Trump has increased tariffs on all steel and aluminium imports to 25 per cent, prompting criticism from allies retaliation from the EU.
China has announced it will levy 15 per cent tariffs on imports of US chicken, corn, and other farm products and 10 per cent on soy and others.
The treasurer has pushed for Australia to be exempt from US tariffs on steel and aluminium imports, with a decision due soon from Donald Trump.
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As superannuation giants attempt to build ties with US investors in Washington, Treasurer Jim Chalmers will try to secure a tariff deal with his US counterpart.
Donald Trump's threat to hit trading partners with "reciprocal" tariffs could hit Australian jobs and economic output hard, if he goes after the GST.
Home-builders could benefit from efforts by Australia to carve out an exemption to US President Donald Trump's steel tariffs.
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Australia has denied exploiting tariff exemptions granted by the first Trump administration despite claims aluminium sales have been "killing" the US market.
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US President Donald Trump has announced 25 per cent tariffs on all steel and aluminium imports but is "considering" a carve-out for Australia.
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Australia must prove its relationship with the US is mutually beneficial to earn another exemption from steel and aluminium tariffs, experts say.
Prime Minister Anthony Albanese will attempt to secure Australian companies an exemption from US tariffs in a direct phone call with President Donald Trump.