Trump is having a media meeting at the US capitol rose garden to...

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    Trump is having a media meeting at the US capitol rose garden to discuss tariffs Her is what has transpired to the moment.

    Australia will get a 10% blanket tariff but there will also be certain bans on Australian beef imports.

    • Donald Trump is implementing a "baseline" 10 per cent tariff on imports into the US.
    • He's also placing higher reciprocal tariffs on some of the so-called "worst offender" trade partners.
    • These reciprocal tariffs differ from country to country.
    • Australia is subject to a 10 per cent reciprocal tariff.
    • The White House says the reciprocal tariffs are, in most cases, half of what Trump's advisers have determined they should be.
    • We understand Trump and his advisers have determined non-tariff trade barriers – including biosecurity restrictions like Australia's – are worse for the US than actual tariffs.
    • The 10 per cent baseline tariff takes effect at Saturday, April 5 at 12:01am local time (3:01pm AEST). The higher reciprocal tariffs take effect on Wednesday, April 9 at the same time.

    The other tariffs on the chart are:

    • 34 per cent tariff on China
    • 20 per cent on the European Union
    • 46 per cent on Vietnam
    • 32 per cent on Taiwan
    • 24 per cent on Japan
    • 26 per cent on India
    • 25 per cent on South Korea
    • 31 per cent on Switzerland
    • 32 per cent on Indonesia
    • 24 per cent on Malaysia
    • 49 per cent on Cambodia
    • 10 per cent on the UK
    • 30 per cent on South Africa
    • 10 per cent on Brazil
    • 37 per cent on Bangladesh
    • 10 per cent on Singapore
    • 17 per cent on Israel
    • 17 per cent on the Philippines
    • 10 per cent on Chile
    • 29 per cent on Pakistan
    • 10 per cent on Türkiye
    • 44 per cent on Sri Lanka
    • 10 per cent on Colombia

    17

    Donald Trump says he will impose a 25 per cent tariff on all foreign-made cars.

    He says it will be effective at midnight, US time.

 
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