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Australian PM Albanese slams Trumps 10% tariff as unfair, rules out retaliation; Canada vows countermeasures – The Economic Times Video

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Canadian Economy and Markets

Australian Prime Minister Anthony Albanese criticized US President Donald Trump’s 10% tariff on Australian goods, calling it ‘not the act of a friend’. While ruling out reciprocal tariffs to avoid higher prices for Australians, he noted the move lacked logic and hurt Indo-Pacific nations, potentially benefiting China. Meanwhile, Canada’s PM vowed countermeasures, as global markets reacted to Trump’s aggressive trade policy.

ET Online | 03 Apr 2025, 12:01 PM IST

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