US hits Australia with 12.5% Tariff hike: Millions at stake in economic fallout

The United States has officially escalated trade pressure on Australia by raising tariffs to 12.5%, impacting almost all Australian exports, including beef and pharmaceuticals. Economic Futurist Evan Lucas joined Jason Matthews on 4BC Breakfast to explain that the US justifies this decision by citing uncompetitive trade practices, despite strong denials and a lack of evidence from Australian officials.See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Jul 23, 2026

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US hits Australia with 12.5% Tariff hike: Millions at stake in economic fallout

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