The deputy prime minister says the US tariffs are ‘really disappointing’. Follow today’s news live

Marles says the tariffs are “really disappointing”.

Asked if he agreed with industry minister Ed Husic’s characterisation of the tariffs as a “dog act”, Marles said:

It’s disappointing because it is an act of self harm for the US, but it’s also disappointing in the context of our relationship with the US.

We’ve had a free trade agreement with the US, which has been in place for a very long time now, and it’s been a great benefit to both countries.

In terms of doing retaliatory tariffs, that would not be in the interests of the Australian economy, of Australian workers.

So we’re not about to do anything which is an act of self-harm. And really this is ultimately the point here – I mean, tariffs are an act of self-harm.

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