𝗔 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝗖𝘂𝗿𝗿𝗲𝗻𝘁 𝗨𝗦 𝗧𝗮𝗿𝗶𝗳𝗳𝘀 𝗼𝗻 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮𝗻 𝗘𝘅𝗽𝗼𝗿𝘁𝘀

🔻 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀

▪︎ 𝟭𝟬%- 𝗦𝗰𝗼𝗽𝗲: The 10% tariff applies broadly to Australian exports, such as beef, wine, dairy, and manufactured goods.

▪︎ 𝟬%- 𝗘𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻𝘀: Certain goods, notably pharmaceuticals and critical minerals, are exempt from the 10% tariff.

▪︎ 𝟮𝟱%- 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟮𝟯𝟮 𝗧𝗮𝗿𝗶𝗳𝗳𝘀 Steel and aluminum products from Australia are subject to a 25% tariff under Section 232, separate from the 10% baseline tariff.

‣ 𝗧𝗵𝗲 𝟵𝟬-𝗱𝗮𝘆 𝗽𝗮𝘂𝘀𝗲 on U.S. tariffs 𝗱𝗼𝗲𝘀 𝗻𝗼𝘁 apply to Australia's 10% baseline tariff or the 25% Section 232 tariffs on steel and aluminum.

‣ 𝗧𝗿𝗮𝗱𝗲 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁 𝗜𝗺𝗽𝗮𝗰𝘁: These tariffs override previous preferential treatments under the Australia–United States Free Trade Agreement (AUSFTA). 

‣ Australia 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝘀 𝘁𝗼 𝗮𝗱𝘃𝗼𝗰𝗮𝘁𝗲 for maintaining open trade. 𝗧𝗵𝗲 𝗨𝗦 𝗽𝗮𝘆𝘀 𝗻𝗼 𝘁𝗮𝗿𝗶𝗳𝗳𝘀 on exports to Australia under the AUSFTA. i.e. Australian importers of US products still enjoy AUSFTA benefits. 

・・・ ✤ ・・・ ✤ ・・・ ✤ ・・・ ✤ ・・・ ✤ ・・・

Like Australia, Japan also had a trade deal with the U.S. in place when the new Trump tariffs were imposed.

The attitude and actions of Japanese Prime Minister Shigeru Ishiba offer a valuable reference point for Australia.

The related reading

As the tension between China and the U.S. begins to ease, with both sides largely reducing tariffs, this presents a good opportunity for Australia to negotiate a favorable outcome?

🎗️𝗥𝗲𝗺𝗶𝗻𝗱𝗲𝗿: 

▫️ The above summary is general. For the exact HS codes and tariff rates applicable to your goods exported to the U.S., please consult your customs broker; 

▫️ 𝗨.𝗦. 𝗖𝗼𝗻𝘁𝗲𝗻𝘁 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻 ✳️: Products manufactured in Australia using U.S.-origin materials can qualify for AUSFTA benefits (including duty free) if they meet the agreement's rules of origin. 

Again, pls discuss with a licensed customs broker on more detailed information. 

Or, you are very welcome to contact us for a chat too. 💬