US President Donald Trump has hinted at imposing a new tariff of up to 20 per cent on Australia and other nations. The 90-day pause in the 'reciprocal tariffs' will expire on August 1, with many of the USA's trading partners including Australia currently hit with a 10 per cent tariff.

A container is loaded onto a cargo ship while docked at a port under the Port Authority of Thailand, following the announcement that U.S. President Donald Trump would impose tariffs of 36% on goods from Thailand starting on August 1,