Todd McClay

speaker
564 appearances 11 recordings 1 series first heard Apr 2026 last heard 6 Aug

Todd McClay’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 11 in all, peaking in Jun 2026 with 4.

Appearances

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I thought they just put the straight 15% back in.
But a country like Australia that was at 10% all the way through may well be going higher.
And they're just finding other legal means to put the tariffs in place again.
Hey, Heather.
Good morning.
Well, yes, we did, actually.
I mean, you will have seen that we started at 10% on Liberation Day, then it went up to 15%.
The US courts found that they hadn't used the right legal base for the tariffs they put on all countries of the world, which meant that they were illegal.
They put just 10% in for 150 days and started a number of investigations, and so we expected this.
I'm currently in Paris at the OECD, and so some of those other countries that we're in the same club with
The UK, Switzerland, Australia, Chile are of the same view that I am.
Irrespective of what anybody has done, America is putting the tariff regime back in place and looking for a new legal base.
At 12.5%, that's actually probably lower than I thought it was going to be.
I thought they just put the straight 15% back in.
But a country like Australia that was at 10% all the way through may well be going higher.
Exactly right.
So of the 60 countries that are covered by, you know, it's an interim announcement they haven't put in place yet, but it is going to roll out.
The other countries that are not part of this investigation have a separate one, which is around excess supply or additional supply, i.e.
you produce more than you need in your own country and therefore you sell it overseas and that in some way could be harmful to the US.
And so ultimately the Supreme Court found that
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