US President Donald Trump has imposed a range of tariffs on all products entering the US market, with Australian exports set to face a 10% tariff, effective April 5.
These import taxes will be charged by US customs on each imported item. The punitive tariffs on 60 countries range as high as 34% on imports from China and 46% on Vietnam, and exceed the rates agreed between the United States and other global trade partners.
Professor Felicity Deane from the School of Law discusses the direct and indirect impacts, and what Australia can do about it, in an article in The Conversation.
You can also read the article at QUT Real Focus.