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AAP
AAP
Business
Jacob Shteyman

Australia records rare US trade surplus on tariff day

United States Australia Donald Trump My Bui Jim Chalmers RBA
Australia's rare trade surplus was driven by a surge in non-monetary gold exports. (Ben Symons/AAP PHOTOS)

Australia has recorded a rare trade surplus with the United States for the second consecutive month, on the same day as President Donald Trump announced 10 per cent tariffs on Australian exports.

The federal government had pointed to the nation's historic trade deficit with the US as a reason why it should be spared from Mr Trump's trade sanctions.

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