Trump signals tariffs of up to 20 per cent for Australia, others
Trump indicated the likely tariff range as he declared his desire for a single tariff for the 'rest of the world' after sealing a series of trade deals with major economies, including Japan and the European Union.
While he did not name Australia as one of the countries to incur the 15 to 20 per cent tariffs, he made it clear he would not negotiate individual deals with all the countries yet to be finalised in the months-long program to apply the trade barriers.
Trump aired the estimate when asked about his plans at a press conference in Scotland on Monday, where he spoke alongside British Prime Minister Sir Keir Starmer.
'We're going to be setting a tariff for essentially the rest of the world, and that's what they're going to pay if they want to do business in the United States.
Loading
'Because you can't sit down and make 200 deals. But we've made the big ones.'
Asked to name the figure for the tariffs he wanted to set for the world, he said it would be in the range of 15 to 20 per cent.
Asked to confirm that, he said: 'I just want to be nice. I would say in the range of 15 to 20 per cent. Probably one of those two numbers.'
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Perth Now
5 minutes ago
- Perth Now
‘Leverage?': Huge US decision on AUKUS
Anthony Albanese has denied the US is using its AUKUS review as 'leverage' after the Trump administration delayed it by several months. Donald Trump's defence policy chief, Elbridge Colby, announced the delay on Wednesday morning (AEST) but did not give a firm date. Instead, Mr Colby, an AUKUS sceptic, said the review would be completed 'in the fall' – much longer than the initial 30 days. It comes as the Albanese government resists Washington's demand to hike defence spending to 3.5 per cent of GDP in response to China's rapid military build-up. Mr Colby's office said the AUKUS review 'will be an empirical and clear-eyed assessment of the initiative's alignment with President Trump's America First approach'. 'As part of this process, the (US Department of Defence) looks forward to continuing regular engagements on this important matter with other parts of the US government, the US Congress, our allies Australia and the United Kingdom and other key stakeholders,' his office said. 'The department anticipates completing the review in the fall. 'Its purpose will be to provide the President and his senior leadership team with a fact-based, rigorous assessment of the initiative.' Speaking to reporters at Parliament House, the Prime Minister was asked if the delay was 'a cause for concern'. Prime Minister Anthony Albanese says the US is not using AUKUS as 'leverage'. Martin Ollman / NewsWire Credit: News Corp Australia 'No, it is not surprising that that would be the case and something that we expected something like that,' Mr Albanese said. 'We expected a review from an incoming government just like the Keir Starmer government did (in the UK). 'We expect that those things take longer than just 30 days.' Asked if it was being used as 'leverage', he simply replied: 'No.'
News.com.au
5 minutes ago
- News.com.au
US delays AUKUS review as defence spending row drags on
Anthony Albanese has denied the US is using its AUKUS review as 'leverage' after the Trump administration delayed it by several months. Donald Trump's defence policy chief, Elbridge Colby, announced the delay on Wednesday morning (AEST) but did not give a firm date. Instead, Mr Colby, an AUKUS sceptic, said the review would be completed 'in the fall' – much longer than the initial 30 days. It comes as the Albanese government resists Washington's demand to hike defence spending to 3.5 per cent of GDP in response to China's rapid military build-up. Mr Colby's office said the AUKUS review 'will be an empirical and clear-eyed assessment of the initiative's alignment with President Trump's America First approach'. — DoD Policy (@DOD_Policy) July 29, 2025 'As part of this process, the (US Department of Defence) looks forward to continuing regular engagements on this important matter with other parts of the US government, the US Congress, our allies Australia and the United Kingdom and other key stakeholders,' his office said. 'The department anticipates completing the review in the fall. 'Its purpose will be to provide the President and his senior leadership team with a fact-based, rigorous assessment of the initiative.' Speaking to reporters at Parliament House, the Prime Minister was asked if the delay was 'a cause for concern'. 'No, it is not surprising that that would be the case and something that we expected something like that,' Mr Albanese said. 'We expected a review from an incoming government just like the Keir Starmer government did (in the UK). 'We expect that those things take longer than just 30 days.' Asked if it was being used as 'leverage', he simply replied: 'No.'
West Australian
16 minutes ago
- West Australian
Albanese brushes off concern after Donald Trump's AUKUS sceptic delays Pentagon review of pact
Anthony Albanese has brushed off concern the AUKUS pact is in jeopardy after the US announced it would delay the review of the $368 billion deal until later this year. In the first official US-issued statement on the Pentagon's review into the submarine deal, Under Secretary Elbridge Colby said the review was expected to be completed in the American fall — September or November in Australia. Mr Colby's office stated that the probe which was initiated by Secretary of Defense Pete Hegseth would assess if the tri-lateral defence agreement with Australia and Britain aligned with the US President's America-centric agenda. 'This review will be a department-wide process, led by the Under Secretary of Defense for Policy,' his office said on Wednesday. 'It will be an empirical and clear-eyed assessment of the initiative's alignment with President Trump's America First approach. 'Its purpose will be to provide the President and his senior leadership team with a fact-based, rigorous assessment of the initiative. 'The Department anticipates completing the review in the fall.' Initial reporting of the Pentagon review in June had claimed it would be a 30-day exercise. It was not announced via public statement but rather from sources within the administration. Mr Albanese told reporters in Canberra on Wednesday he was not concerned or surprised by the delay. 'It's not surprising that that would be the case,' he said. '(It's) something that we expected. We expected a review from an incoming government just like the Keir Starmer government did. 'We expect that those things take longer than just 30 days.' With the outcome of the review now more likely later in the year, the timing could prove helpful for the PM if he could secure a prior face-to-face with Mr Trump. After his planned meeting on the sideline of the G7 in Canada was canned by the US President in June, the PM could now secure one in Washington around the United Nations General Assembly meeting in New York in September.
