Australia expects a boost in exports to the US following President Trump’s decision to keep a 10% minimum tariff.
Australia’s Trade Minister Don Farrell said Australian products may become more competitive in the US market, aiding export growth, after US President Donald Trump maintained a 10% minimum tariff on Australian goods.
“What this decision means in conjunction with all of the other changes to other countries is that Australian products are now more competitive into the American market,” Farrell told reporters in Adelaide. “We will assist all of our exporters in ensuring we take advantage of this situation and increase the volume of exports.”
Trump’s decision to include Australia among countries with the lowest tariff levels will reassure Prime Minister Anthony Albanese, who faced opposition criticism for not meeting Trump in person. According to Farrell, Australia’s negotiations helped maintain the baseline tariff rate.
Last week, Australia eased beef import restrictions from the US, which may alleviate trade talks, though Albanese stated this move was planned independently of negotiations.
Earlier, Prime Minister Albanese said, on 4 July 2025, that the country is likely to remain subject to a 10% tariff on all exports to the US.
