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![]() Felicity DeaneThe Conversation |
Australia has escaped some of the highest tariff levels, but will still feel economic pain. There are three main ways we can respond.
Both major parties agree Australia must reach net-zero emissions. That’s why winding back the safeguard mechanism would be reckless policy.
The next round of tariffs will breach the free trade agreement with the US. These sectors are next in line for new tariffs.
The White House plan to place tariffs on countries with a domestic consumption tax means Australia’s GST could be in the firing line.