Jun 8, 2026 – 4.00pmAustralia would be among the world’s biggest losers from Donald Trump’s proposed 12.5 per cent tariff on imports, with new modelling showing the measure could impose about $1.6 billion a year in costs and leave Australian exporters worse off than under the president’s previous trade regime.The Trump administration last week proposed imposing a 12.5 per cent tariff on Australia and dozens of other countries after an official investigation found they had failed to stop goods made with forced labour from entering their markets.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles