Australia politics live: bank expects home price reduction from budget to be more than twice government forecast

Anthony Albanese says new tariffs from the US on Australian goods announced yesterday are “unwarranted” and that the government has made its position on tariffs clear.

Speaking to the ABC’s AM program, he says no notice was given and that Australia has “robust, comprehensive and world-leading legislation addressing forced labour and modern slavery”.

Albanese says Australia hasn’t been singled out in this latest round – 54 countries have been included on the US’s list.

double quotation mark It seems there is an ideological disagreement where the United States administration has broken with what was decades-long understanding that tariffs are not positive for the country that is imposing them, that they increase the costs of goods and services in the country that is applying them to its consumers, and that free trade is in the interest of the global economy.

We continue to use every opportunity that we have to advocate that US tariffs imposed in Australia are unwarranted.