Global trade continues to evolve, creating fresh opportunities for businesses to review international markets, sourcing arrangements and shipping strategies.
In September 2026, China and the United States announced progress towards more favourable tariff treatment for approximately USD 30 billion worth of goods in each direction.
The proposed changes cover selected non-sensitive products, including agricultural goods, seafood, timber products, cosmetics and consumer goods. Implementation details and final tariff arrangements are still being confirmed.
What Does This Mean for Australian Businesses?
Although these proposed tariff changes relate directly to trade between China and the United States, developments between two of the world's largest trading economies can influence international sourcing and supply chains.
For Australian businesses, this is a good opportunity to review existing trade arrangements and explore new markets.
Australia already benefits from the China–Australia Free Trade Agreement (ChAFTA), which provides preferential tariff treatment for many eligible Australian exports and Chinese imports.
Potential areas for businesses to explore include:
- Agricultural products: Grains, barley and other export commodities
- Food products: Meat, seafood, dairy and packaged food
- Manufacturing materials: Timber, industrial components and raw materials
- Consumer goods: Household products, packaging and general merchandise
Businesses should review product-specific tariffs, market access requirements and overall landed costs before making new trade decisions.
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Source: Office of the United States Trade Representative – September 2026 trade announcements; Australian Government DFAT – China–Australia Free Trade Agreement.
Disclaimer – Market data is from public sources we consider reliable but has not been independently verified; accuracy is not guaranteed