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Trump signals tariffs of up to 20 per cent for Australia, others

Trump signals tariffs of up to 20 per cent for Australia, others

The Age9 hours ago
London: US President Donald Trump has revealed plans to impose tariffs of 15 to 20 per cent on most countries sending goods to America, signalling the range Australia could expect for its exporters in a decision due within days.
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.
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'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.'
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