Business groups are urging policymakers to continue advocating for fairer trade arrangements. They argue that while Australia has avoided additional costs, the persistence of the 10% tariff could undermine competitiveness and limit opportunities for exporters across a range of industries.
Australian Chamber of Commerce & Industry (ACCI) CEO Andrew McKellar said the outcome was “the best we could have expected” under the circumstances, but stressed that the tariffs remain unjustified given Australia imposes no tariffs on US imports and has a strong trade deficit.
Business groups are urging policymakers to continue advocating for fairer trade arrangements. They argue that while Australia has avoided additional costs, the persistence of the 10% tariff rate could undermine competitiveness and limit opportunities for exporters across a range of industries.
Looking ahead, national business leaders said Australia must keep strengthening global partnerships and pressing for open trade to safeguard long-term economic growth and protect exporters from future disruptions.