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US to slap 12.5% tariff on Australian goods
Australian exports sent to the US will be hit with a 12.5% tariff as the US president imposes levies on more than 80 nations.
This, in our view, makes no sense.
Forced labour is definitely something which needs to be combated around the world, so we support that objective.
We absolutely need to see the strait of Hormuz be open and for freedom of navigation to happen there, for commercial shipping to be allowed through, and we very much call on Iran to allow that to be the case.
We need to see a restoration to the normal global fuel supply chain because it’s having a significant impact around the world.
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