From www.theguardian.com: The Albanese government of Australia announced a $1 billion zero-interest loan program to assist export-focused companies in finding new markets following Donald Trump’s implementation of a 10% tariff on Australian goods.

The government also outlined five measures, including enhancing the anti-dumping regime and providing funding for sectors affected by the tariffs, aimed at mitigating the impact of these trade barriers.

Australia’s agricultural sector expressed disappointment but supported a strategic negotiation approach rather than retaliation.