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Trump's Tariffs 'Actually Good' for Australia, Productivity Commission Finds

Summary by World News
The federal government's economic think tank says Australia will likely be a winner from Donald Trump's tariffs if it does not retaliate and that we would be better off by removing more of the nation's remaining tariffs. ...

8 Articles

Mediafax The Swiss steel industry exported last year products worth 26 billion Swiss francs. It is now faced with a double hit: China's low demand and U.S. business uncertainty, reports Reuters. Trump announced in April that it will impose a 31% price on Switzerland, much more than 20% proposed for the EU. Then suspended the measure for 90 days, maintaining a 10% tax, and extended the deadline until 1 August. "This is clearly too late," says Ken…

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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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ABC Australia broke the news in Australia on Tuesday, July 8, 2025.
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