google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
Australia

PM evacuated from Lodge after security threat; Trump’s new worldwide tariffs come into effect at 10 per cent

Donald Trump’s new tariffs on worldwide imports to America went into effect yesterday afternoon – 10 percent, not 15 percent as threatened – with the US president vowing retaliation against any country “playing games” and disparaging the Supreme Court on social media.

The new tariff comes as transportation and logistics giant FedEx sued the Trump administration for a “full refund” of the tariffs Trump imposed using his emergency powers. ruled unlawful by the nation’s highest court last week.

Donald Trump speaks to reporters after the US Supreme Court rejected his tariffs last week. Bloomberg

A US Customs and Border Protection bulletin published on Monday evening (Washington time) said the new global tariff would be levied at 10 per cent from midnight (4pm AEDT). The level Trump initially announced After the court’s bombshell decision. A separate announcement confirmed that collection of old taxes would also cease at the same time.

Despite Trump’s post on social media the day after the court decision Raise interest rate to 15 percent “immediately”The text of the declaration was not changed or republished. This means that, for now, Australian exports to the US will be subject to the same tariff as before the court decision.

Prime Minister Anthony Albanese said the government would continue to defend against tariffs on Australian goods: “We reiterate our view that these tariffs are unfair.”

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button