Jim Chalmers however could not confirm if any progress has been made in landing a meeting between between Anthony Albanese and Donald Trump to discuss the impact of incoming tariffs or strike a deal.
He said work was being done behind the scenes in Australia’s interest as the global tariff situation rapidly evolves
“There’s been no change to our baseline tariffs when it comes to the US, but I think it’s clear that every week brings new developments, new uncertainties, and over the weekend we saw more of that,” Chalmers told media today.
“We work our way through the consequences for us of these sorts of announcements which come from time to time.
“When it comes to engaging with the US, we’re engaging at a number of levels.”
Chalmers said the PM has had three conversations with Trump.
However the government has not been successful so far in confirming a face-to-face meeting six months into the president’s second administration.
Albanese had anticipated talks with the president during the G7 summit however Trump made a swift departure before any meeting could take place.
The PM has declined to reveal if or when a rescheduled meeting will occur.
Chalmers made mention of Foreign Minister Penny Wong’s recent visit with US secretary of state Marco Rubio and said he has been speaking with his US counterpart Scott Bessent.
“We’re engaging at a whole range of levels with our American counterparts, but also in China, the G20, really wherever we can,” he added.
Albanese has faced backlash as he visits China to meet with President Xi Jinping before a sit-down with Trump.
Liberal MP Aaron Violi criticised the PM for a lack of focus on Australia’s ties with the US.
“It’s such an important area. We need to strengthen that relationship, and that’s where a face to face meeting with President Trump is so important,” Violi said on Today.
“And it’s that the prime minister hasn’t achieved that yet, and he needs to get there as soon as he can.”
Violi accused the PM of “doing terribly” as he juggles alliances with two superpowers.
“[It’s] his fourth meeting with Xi Jinping. And how many has he had with Donald Trump?” Violi added.
“He’s yet to secure a face to face meeting with the US president. And the US president has every right to question Australia’s alliance this morning,”
Trump imposed a 10 per cent baseline tariff on most imported goods from April 5.
The president yesterday announced 30 per cent tariffs against Mexico and the EU beginning August 1.
They are part of an announcement blitz by Trump of new tariffs aimed at allies and foes, which formed the bedrock of his 2024 presidential campaign.
Trump in April imposed reciprocal tariffs on dozens of countries, before pausing them for 90 days to negotiate individual deals.
These tariffs are also now due to take effect on August 1.
