Australia's PM says he expects 10 per cent US baseline tariff to stay
A 90-day pause in the US "reciprocal" tariffs are set to expire early next week, with President Donald Trump threatening to send letters to countries laying out the tariff rates they will face on US imports.
When asked if Australia will stay on the 10 per cent baseline tariff rate after July 9 during an event in Sydney, Albanese said, "I assume that will be the case." The US tariff deadline of July 9 is not expected to affect Australia, he added.
"We are in a position where on July 9 that won't really have an impact on us because that's about other countries who have higher rates," said Albanese.
"No country has a better tariff level than 10 per cent. Now we will continue to put our case as we do."
Albanese's scheduled meeting with Trump on the sidelines of the G7 was cancelled last month when Trump left the summit early due to tensions between Israel and Iran.
The government is still trying to get a meeting with Trump, and Albanese said today (July 4) there would be many opportunities to meet at various forums between now and the end of the year. — REUTERS
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