Economist argues GST is not protectionist and should not attract any new levy from the US but concern remains for steel industry
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US president Donald Trump has threatened “reciprocal tariffs” on US trade partners in retaliation for some domestic taxes, such as value-added taxes, sparking concerns Australia could be targeted.
Trump on Thursday directed federal agencies to look at trade barriers, including VATs among a list of “unfair” taxes on US goods.
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Source: https://www.theguardian.com/australia-news/2025/feb/15/trumps-reciprocal-tariff-threat-brings-fears-for-australian-trade
