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Australian government arguing 'very forcefully' against Trump's new 12.5pc tariffs
Donald Trump has introduced a range of tariffs during both his terms. (Reuters: Kevin Lamarque)
Five months after a court struck down many of Donald Trump's tariffs, the US has announced a suite of new imposts for all of its major trading partners.
Australia has been hit with a 12.5 per cent tariff, while some countries have a 10 per cent tariff.
The new tariffs came into force at 2:01pm AEST on Friday. A temporary 10 per cent tariff lapsed at the same time, so Australia's tariff rate increased 2.5 percentage points.
The Trump administration has placed a 12.5 per cent tariff on Australian exports to the US.
US imposes tariffs on dozens of trade partners over 'forced labour' imports
The US has imposed new tariffs on 60 trading partners, accounting for the vast majority of its imports, over claims they failed to properly stop forced labour.
The duties, ranging from 10% to 12.5%, target key economic partners – including the UK, China, the European Union, Canada, Japan and India. They came into effect on Friday, as a temporary 10% tax on foreign goods introduced earlier this year expired.
The move is the latest escalation in the global trade war reignited by US President Donald Trump when he returned to office last year.
The US Supreme Court ruled earlier this year that many of the tariffs imposed globally under emergency powers were illegally enacted.
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