From www.pwc.com.au: President Trump announced ‘Liberation Day’ tariffs, imposing a 10% tariff on all Australian imports into the US starting April 5, 2025, as part of a broader trade policy aimed at correcting international trade imbalances.

While Australian exports may face increased tariffs, they remain competitive compared to similar products from countries like France and Japan, leading to potential advantages in niche markets.

Australian businesses are encouraged to assess their trade profiles and consider strategies to mitigate the impact of these tariffs on their operations and supply chains.