Trade
Australia has had to defend its Pharmaceutical Benefits Scheme against pressure from US drug companies before. But this time a range of other local industries are also in the firing line.
Anthony Albanese and his ministers were blindsided by the Trump administration this week. But it is Peter Dutton who runs the risk of looking like he's not on Team Australia.
DFAT was unable to find any documents confirming a mooted deal a Trump official claims was broken, which the US has used to justify tariffs on Australian exports.
The Albanese government hasn't been able to secure an exemption from US tariffs on steel and aluminium, which came into effect today. But it’s not yet game over.
The central bank warned that US tariffs pose a global risk — but even in the most extreme modelled scenarios, the impact on Australia’s GDP is expected to be modest.
Whenever US tariffs are discussed, Peter Navarro’s name isn’t far behind. Here’s what Australians need to know about their new antagonist in the White House.
Anthony Albanese has taken a first step towards achieving an exemption for Australia from US tariffs. But even if he succeeds, it doesn't guarantee Donald Trump won't change his mind later on.
Australia secured an exemption from similar tariffs in 2018. Can its current ambassador to the US do the same — or will businesses face a costly “slap in the face”?
