Liberation Day
'Liberation Day' in the US, meaning tariffs for everyone else, shows once again that Donald Trump is the biggest external factor shaping Australia's election result.
'Liberation Day' is here and, as expected, Australia hasn’t escaped Donald Trump’s tariffs including a baseline of 10% on all exports to the United States.
The US president has proved himself, yet again, to be the biggest external factor shaping whether Anthony Albanese or Peter Dutton will win the Australian election on 3 May.
Albanese is responding to the new tariffs at a press conference right now, doubling down on his Future Made in Australia plan and promising support to hard-hit industries.
In his announcement this morning, Trump singled out Australian beef imports, claiming the US "imported $3 billion of Australian beef from them just last year alone" but "they won't take any of our beef". Albanese responded by saying his “understanding” was that tariffs on Australian beef would be 10%.
