Trade Minister Don Farrell is seeking clarification from Washington regarding a proposed 12.5% US tariff on Australian exports related to modern slavery concerns. Australia has formally objected to the measure, arguing that the existing free trade agreement should guarantee zero tariffs. Significant uncertainty remains over whether these new charges will overlap with current trade penalties.
US Tariffs
Trade Minister Don Farrell has expressed Australia’s disappointment over a proposed US tariff measure targeting countries accused of failing to prevent slave labour imports. The proposal could impose duties of up to 12.5% on exports. Farrell argues the classification is inappropriate and is lobbying US officials to reconsider before a final decision is reached within weeks.