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Australia says weighing all options after ‘unjustified’ tariffs

Angus Whitley / Bloomberg
Angus Whitley / Bloomberg • 1 min read
Australia says weighing all options after ‘unjustified’ tariffs
It’s not immediately clear when the 15% tariff would take effect.
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(Feb 22): Australia’s government said it will “examine all options” after US President Donald Trump imposed a 15% tariff on foreign imports.

“We have consistently advocated against these unjustified tariffs,” Australian Trade Minister Don Farrell said in a statement Sunday. “We are working closely with our Embassy in Washington to assess the implications and examine all options.”

Trump announced the 15% rate one day after revealing a 10% global tariff on overseas goods on Friday. Both announcements followed a ruling from the US Supreme Court that Trump’s mechanism for applying earlier tariffs was illegal. Under that regime, Australia received the baseline tariff of 10%.

The initial 10% tariffs Trump announced on Friday were scheduled to go into effect on Feb 24 at 12:01am Washington time. It’s not immediately clear when the 15% tariff would take effect.

Uploaded by Liza Shireen Koshy

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