Xinhua
04 Jun 2026, 12:45 GMT+10
Australian Prime Minister Anthony Albanese has pushed back against the U.S. plan to impose a 12.5% tariff on Australian goods, calling any such measure "unjustified and inconsistent" with the free trade agreements between the two countries.
"There is an ideological disagreement where the United States administration has broken with what was a decades-long understanding that tariffs are not positive for the country that is imposing them," he said.
These tariffs, he warned, would be a penalty on U.S. consumers and harm international trade.
Produced by Xinhua Global Service
Get a daily dose of Buffalo Breeze news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Buffalo Breeze.
More InformationLONDON, U.K.: Nigeria's Dangote refinery has built up a significant surplus of jet fuel and is well-positioned to supply markets around...
NEW YORK, New York - Wall Street suffered a dramatic sell-off on Wednesday as a new outbreak of hostilities in the U.S.-Iran conflict...
WASHINGTON, D.C.: U.S. job openings rose unexpectedly in April, reaching their highest level in nearly a year, but economists cautioned...
NEW YORK CITY, New York: Goldman Sachs CEO David Solomon said consumers could begin changing their spending habits in the second half...
BECOV NAD TEPLOU, Czech Republic: A collection of wine from the late 19th century, which had been hidden for many years under the floor...
NEW YORK, New York - Pushing aside global geopolitical and economic upheaval, U.S. stock markets closed higher on Tuesday, with the...
NEW YORK, New York - Wall Street suffered a dramatic sell-off on Wednesday as a new outbreak of hostilities in the U.S.-Iran conflict...
WASHINGTON, D.C.: U.S. job openings rose unexpectedly in April, reaching their highest level in nearly a year, but economists cautioned...
NEW YORK CITY, New York: Goldman Sachs CEO David Solomon said consumers could begin changing their spending habits in the second half...
NEW YORK, New York - Pushing aside global geopolitical and economic upheaval, U.S. stock markets closed higher on Tuesday, with the...
DUBAI, U.A.E.: Iran has stopped indirect talks with the United States after Israel ordered its troops to move deeper into Lebanon to...
NEW YORK CITY, New York: Oil prices surged by about $5 a barrel on June 1 as fears of further disruptions to global energy supplies...
