Australia's central bank is very focused on U.S. tariff developments, Deputy Governor Andrew Hauser said on Wednesday, adding that there is an enormous amount of uncertainty in the global economy. The Reserve Bank of Australia on Tuesday surprised markets by holding interest rates steady at 3.

Australian goods may not be getting slugged with higher US tariffs, but that does not mean the country is getting the best deal possible, the opposition says.

The US is set to impose a 50 per cent tariff on copper imports as early as late July, which could shake global supply chains but presents potential opportunities for Australia.

Australia is “urgently seeking” more detail on President Donald Trump’s threat to impose 200 per cent tariffs on pharmaceutical imports to the US, Treasurer Jim Chalmers said. “These are obviously very concerning developments,” Chalmers told ...

Secretary of State Marco Rubio met counterparts in Southeast Asia during his first visit to the region since taking office.

On April 2, 2025, US President Donald Trump unveiled sweeping new taxes—dubbed “Liberation Day” tariffs—targeting imports from nearly every country around the world. The move sent shockwaves through the global trade system and triggered a sharp downturn in international financial markets.

Australia stands to receive small but positive benefits from Donald Trump’s tariff war, however, a broader trade war would have “serious consequences”, a new report has found.

Australia will likely still be subjected to the 10% tariff rate on all exports to U.S. but the government will continue to try and negotiate for an exemption, Australian Prime Minister Anthony Albanese said on Friday.

A Labor frontbencher reassures "nothing has changed" for Australia after Donald Trump took to social media to unveil new tariffs. Follow live.