Good afternoon. Australian goods imported into the US will continue to attract the baseline 10% tariff, with Australia dodging any tariff increase in the latest round of Donald Trump’s global trade war.
A new executive order issued on Friday morning Australian time confirmed tariffs ranging from 10% to 41% on imports from dozens of countries and foreign locations, including 35% tariffs on Canada. The order stated that any countries not on the new list – such as Australia – would remain at a 10% tariff. Follow all the developments in our live blog.