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