Australia's re-elected Labor Party government has vowed to fiercely oppose new U.S. tariffs on foreign-made films, labeling the policy "unjustified" while signaling a renewed push to revive stalled free trade negotiations with the European Union.
A Stand Against "Economic Self-Harm"
Social Services Minister Amanda Rishworth confirmed Tuesday that Prime Minister Anthony Albanese and senior cabinet members will present a "very strong case" to the U.S. against the 100% tariffs announced by President Donald Trump. "These are just unjustified tariffs," Rishworth told Nine Network, underscoring Canberra's determination to protect its creative industries.
Trade Diversification Strategy
Foreign Minister Penny Wong emphasized Australia's dual-track approach: challenging tariffs while reigniting EU trade talks suspended in 2023. "Engaging with the EU and others is crucial for a trading nation," Wong told ABC Radio, revealing plans to potentially scrap luxury car import taxes in exchange for improved European market access for Australian agriculture.
Echoes of Regional Priorities
The moves align with Labor's pre-election pledge to recalibrate trade policies amid global economic uncertainties. Analysts suggest this signals Australia's intent to balance relations with traditional allies while forging new partnerships – a strategy resonating with Asia-Pacific economies navigating similar challenges.
