What Donald Trump’s tariff backflip means for Australia

News.com.au - 09/04
US President Donald Trump has suspended higher tariffs for 90 days and he has lowered his reciprocal tariffs to 10 per cent, but what does this mean for Australia?

US President Donald Trump has suspended higher tariffs for 90 days and he has lowered his reciprocal tariffs to 10 per cent, but what does this mean for Australia?

Potentially, not a huge amount at face value.

President Trump’s announcement appeared to single out the higher tariffs for a 90 day suspension.

In the meantime, “a substantially lowered Reciprocal Tariff during this period of 10 per cent,” was “effective immediately”. That will apply to all nations, aside China. Mr Trump has upped China’s tariffs to 125 per cent.

The thing ...
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