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Lower tariff for Australia in next Trump plan

John Kehoe

Australia faces a potential tariff of between 2 per cent and 8 per cent on the $30 billion of exports sold to the United States, such as beef and pharmaceuticals, if the Albanese government fails to win an exemption from Donald Trump’s next round of sweeping tariffs.

The relatively low tariff – compared to rates of 25 per cent to 100 per cent Trump has threatened on China, Canada, Mexico and Europe on select goods – is the estimate of trade experts and government sources, based on preliminary talks with the Trump administration and public statements by US officials.

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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com

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    Original URL: https://www.afr.com/policy/economy/lower-tariff-for-australia-in-next-trump-plan-20250317-p5lk0u