Latest news with #importlevies
SBS Australia
2 days ago
- Business
- SBS Australia
Wel yam käk ciɛ̈lë keek ee SBS Thuɔ̈ŋjäŋ
The Prime Minister says Australia will fund the defence capability it needs after a U-S push for spending to increase by tens of billions of dollars. The government is committing an extra $2 million in funding for the Rural Financial Counselling Service, giving more farmers and rural business access to free and independent support. U-S President Donald Trump has announced plans to double import levies on foreign steel from 25 to 50 per cent, with the tariffs set to come into effect this week.
Bloomberg
5 days ago
- Business
- Bloomberg
Tariffs Are Here to Stay, Trump Administration Says
By and Angela Cullen Save Good morning. Donald Trump's administration vows his tariffs are here to stay, one way or another. Chinese students abandon their dreams of a US education. And consultants are stepping into the C-suite. Listen to the day's top stories. The Trump administration insisted it has multiple optinos to push through his import tariffs. For now though, a federal appeals court has temporarily paused a suspension of the levies. One idea being weighed by the White House is a stopgap plan to impose tariffs as high as 15% for 150 days, the WSJ reported. Stay on top of the latest with our Q&A.
