Australia Delays Tech Levy as Trump Tariff Threat Looms
The Albanese government has paused its news bargaining incentive to avoid potential U.S. trade retaliation under President Trump’s new tariffs.
- The Albanese government has delayed its proposed news bargaining incentive, which would charge tech platforms for not paying Australian publishers for news content.
- The decision follows U.S. President Donald Trump’s announcement of new tariffs on steel and aluminum imports, including those from Australia, with no exemption yet secured.
- The news bargaining incentive aims to address shortcomings of the 2021 media bargaining code, which allowed platforms to avoid payments by removing news content.
- Tech giants like Meta and Google have criticized the proposal, with Meta previously refusing to renew agreements with Australian publishers and calling the initiative a targeted tax.
- Former Prime Minister and current U.S. Ambassador Kevin Rudd is playing a key role in navigating tensions with the U.S., while local media executives express concern over the policy’s uncertain future.