The tariff war developing between USA and China seems to be hotting up.
As if Australia is trying to get in on the act, the new budget biosecurity levy, a broad-based tariff on all imports, looks very much like Australia’s first salvo in the global tariff war.
This is a tax on everything: building products, cement, fertiliser, fuel, cars and household goods, whether they present a biosecurity risk or not. These items are essential to day to day life.
And it’s not even efficient revenue collection...
https://shippingaustralia.com.au/why-the-governments-new-biosecurity-tax-is-wrong-on-all-counts/