Industry News

Trump’s 15% tariff push puts Australia-US partnership to the test

Views : 28
Update time : 2026-02-24 13:50:21
Australia is reassessing its trade position with the United States after President Donald Trump announced plans to impose a new 15 per cent tariff on all imports, a move that could directly affect Australian exporters and test the resilience of a long-standing free trade partnership.
The decision follows a US Supreme Court ruling that struck down a sweeping tariff regime introduced in April last year, finding that the President had exceeded his authority in applying the so-called “reciprocal” tariffs on more than 100 countries, including Australia. While the court left intact the sector-specific 50 per cent tariffs on steel and aluminium, it overturned the across-the-board 10 per cent “liberation day” tariff.
Within hours of the ruling, President Trump reinstated a baseline 10 per cent tariff and flagged plans to raise it to 15 per cent. To sidestep the court’s decision, he relied on separate legislation that allows the President to impose tariffs of up to 15 per cent to address “fundamental international payment problems”. However, the law limits such measures to 150 days unless Congress votes to extend them.
Related News
Read More >>
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Feb .27.2026
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Taiwan’s Tang Eng ups stainless steel prices for Mar Taiwan’s Tang Eng ups stainless steel prices for Mar
Feb .27.2026
Taiwan’s Tang Eng ups stainless steel prices for Mar
Taiwan’s Walsin Lihwa raises stainless steel prices for Mar due to rising material costs & recovered market Taiwan’s Walsin Lihwa raises stainless steel prices for Mar due to rising material costs & recovered market
Feb .27.2026
Taiwan’s Walsin Lihwa raises stainless steel prices for Mar due to rising material costs & recovered market
Ansteel Group develops 7,250-meter high-strength 2160 MPa wire rope Ansteel Group develops 7,250-meter high-strength 2160 MPa wire rope
Feb .27.2026
Ansteel Group develops 7,250-meter high-strength 2160 MPa wire rope