From bdo.com.au: U.S. global reciprocal tariffs pose potential cost increases and delays for Australian exporters, with particular impacts on the manufacturing and agriculture sectors.

In response, the Australian Government has implemented strategies such as allocating funds to the anti-dumping commission, assisting affected industries, and establishing a strategic reserve for critical minerals.

Businesses are advised to seek expert advice, consider alternative markets, and reevaluate their pricing strategies.