LIVE: Anthony Albanese Reacts To Trump’s 10% Tariffs on Australia in ‘Liberation Day’ Speech | CNBC TV18
Australian Prime Minister Anthony Albanese reacts to U.S. President Donald Trump’s decision to introduce 10 percent tariff for all Australian goods exported to the U.S
Australia has been hit with a 10% tariff on all imports to the US as part of a global tariff regime imposed by US president Donald Trump.
In his ‘Liberation Day’ speech, the president held up a board listing countries and their rates of tariffs. It claimed Australia imposed a 10% tariff on US goods, “including currency manipulation and other trade barriers”.
He said America would impose a broad 10% reciprocal tariff in return. The US and Australia have a free trade agreement, signed in 2005. Australian goods go into the US without tariffs and American goods come into Australia without tariffs.
Trump singled out Australia’s ban on the import of US beef – imposed in 2003 after America cases of bovine spongiform encephalopathy (mad cow disease). The president suggested America would retaliate.
“Australia bans – and they’re wonderful people – but they ban American beef,” Trump said.
“Yet we imported $3 billion of Australian beef from them just last year alone. They won’t take any of our beef. They don’t want it because they don’t want it to affect their farmers and you know, I don’t blame them, but we’re doing the same thing right now starting at midnight tonight.”
#australia #anthonyalbanese #trumptariffs #trump #cnbctv18 #australianews

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14 COMMENTS

  1. Australia was tariffed the same as they do the US. Not bad, except the US won't take your Beef anymore. I wonder why? So you go ahead and keep not allowing beef from the US, and send it the the EU, and you may be protecting yourself from China. Remember who protects you the most. It surely isn't Saudi or the EU. Now think of your ships never making it there, The US may let them get hit. Good Luck and enjoy your shrimp on the Bar B

  2. 10% tariffs on New Zealand as well but God damnit man what about the Penguins trump gave a 41% tariffs on Islands with no humans just Penguins and maybe some passing great whites. This would be funny if it wasn't ture.

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