Australia Spared Tariff Hike as Deadline Ticks Over, New Zealand Not So Lucky

Australian goods will remain at the unchanged baseline rate of 10 percent while New Zealand faces a 15 percent tariff.

U.S. President Donald Trump speaks during an executive order signing ceremony in the Roosevelt Room of the White House in Washington, DC on July 31, 2025. Anna Moneymaker/Getty Images

Australia has been spared from a potential increase in U.S. import tariffs, with its exports to remain at the baseline 10 percent rate.

The White House confirmed the updated measures on Aug. 1, raising duties on countries that have not engaged in trade negotiations or aligned with U.S. economic priorities.