Australia challenges US tariffs on foreign films
Following the Labor Party's re-election in Australia, the government intends to challenge the United States' tariffs on foreign-made films, deeming them "unjustified." Minister for Social Services Amanda Rishworth stated that Prime Minister Anthony Albanese and his team would strongly advocate against the tariffs. This issue was discussed between Albanese and U.S. President Donald Trump after the election.
Foreign Affairs Minister Penny Wong affirmed that the U.S. administration would be informed of the Australian government's opposition to these film tariffs. Wong also highlighted the importance of resuming free trade agreement talks with the European Union (EU) as a key element of Australia's trade diversification strategy. She emphasized that trade barriers are detrimental to Australia's economic interests and that engaging with the EU is crucial.
Negotiations for a trade agreement with the EU broke down in 2023 due to disagreements over access for Australian agricultural exporters to the European market. The Labor Party had announced in April its intention to reopen these talks if they won the election. Reports suggest that Albanese is willing to eliminate Australia's tax on luxury car imports from the EU in exchange for improved access for Australian agricultural exports.