Australia’s exports to the US face a new 12.5% tariff—replacing a temporary 10% rate—just as a US trade probe into forced labor ramps up. While the Trump administration frames it as a fight against slavery and unfair global labor practices, critics suspect it’s really a backdoor tactic to revive tariffs previously blocked by the Supreme Court. Australia and its business council formally objected during the consultation window, but the new tariff goes into effect at midnight Friday, US time—setting the stage for a tense trade showdown with global ripple effects.

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