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Australia faces 12.5% US tariffs over forced labour claims it rejects
Money & Work

Australia faces 12.5% US tariffs over forced labour claims it rejects

The White House is imposing 12.5% tariffs on 60 economies including Australia, citing forced labour concerns Australia's government vehemently denies.

Why it mattersAustralian businesses exporting to the US will face a 12.5% duty increase, raising prices and cutting margins on American sales.

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