Australia faces nervous wait as Trump’s tariff deadline looms
Australia is no closer to learning whether it will be hit by a higher tariff by the United States, despite President Donald Trump saying he'll be handing down fresh duties later this week.
The so-called "reciprocal" tariffs were paused for 90 days, and the White House has recently announced deals with a slew of partners, including the UK, China, Vietnam, Indonesia, the Philippines, Japan and, as of this morning, the European Union.
However, an Australian deal is yet to be announced ahead of the pause expiring on Friday.
Donald Trump's tariffs have caused uncertainty in financial markets. (Getty)
Australia is currently subject to a baseline 10 per cent tariff, but what that figure will be as of Friday is unclear.
Trump said last week he would be sending out lett...