Australia eyes more US exports as Trump holds tariffs at 10%

Australian products could become more competitive in the US market, helping businesses boost exports, Trade Minister Don Farrell said, after US President Donald J. Trump kept the minimum tariff rate of 10% for Australia.

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Mr. Trump set higher import duties of 10% to 41%, starting in seven days for 69 trading partners, including a duty of 35% on many goods from Canada, 50% for Brazil and 15% for Australia’s south Pacific neighbor New Zealand.

“What this decision means in conjunction with all of the other changes to other countries is that Australian products are now more competitive into the American market,” Mr. Farrell told reporters in Adelaide.

“We will assist all of our exporters in ensuring we take advantage of this situation and increase the volume of exports.”