💨 Abstract

Australian Prime Minister Anthony Albanese criticized U.S. President Donald Trump for imposing a 10% tariff on Australian goods, calling it "not the act of a friend." The tariff, equivalent to the U.S. baseline tariff on all imports, affects Australia's beef exports to the U.S., which reached A$4 billion last year. The Australian government will not impose reciprocal tariffs to avoid increasing prices for households. The U.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖