Australia announces the cancellation of tariffs on clothing such as pajamas and electric blankets!

According to The Conversation on March 10th, the Australian government will lift import tariffs on nearly 500 goods from July 1st. Related products include toothbrushes, manual tools, refrigerators, dishwashers, clothing, and hygiene products. The current tariff for this type of product is 5%. The budget cost has not been announced yet, partly because the plan is yet to be negotiated.

The Australian government stated that this is "the largest unilateral tariff reform in 20 years" and praised it for improving productivity. The government stated in a statement that the new tariff measures will lower compliance costs, reduce red tape, make business easier, and improve productivity The statement also stated that after signing a series of trade agreements, most goods are now imported duty-free. This means that companies need to spend time and money to prove that their imported products comply with existing tariff preferences and concessions, and they often pass on compliance costs to consumers.
It is reported that the new tariff measures will cancel 14% of Australia's total tariffs, simplifying annual trade worth approximately AUD 8.5 billion. It is estimated that companies will save over $30 million in compliance costs annually.
It is worth noting that the tariff reduction this time mainly targets the so-called "disturbance tariffs" on imports. The 2020 report of the Australian Productivity Commission defined disruptive tariffs as minimal income from tariff increases, with minimal benefits to producers but with compliance burdens. The statement stated that lifting these tariffs will bring benefits to businesses without adverse effects on Australian industry, nor will it restrict Australia's participation in sensitive free trade agreement negotiations. It is reported that the administrative cost of imposing these tariffs ranges from 11 million to 20 million US dollars annually.
The Australian government has listed the following examples of products that will have a 5% tariff lifted, as well as the annual revenue generated by the current tariff:
Washing machines with an annual import value exceeding 490 million US dollars generate less than 140000 US dollars in annual revenue
Importing refrigerators and freezers worth over 668 million US dollars, generating revenue below 28000 US dollars
Import agricultural vehicles, tractors, or other machine tires with a value exceeding 102 million US dollars, generating revenue of less than 10000 US dollars
Imported $160 million worth of protective shoes, generating revenue below $112000
Importing toothbrushes worth over $84 million and generating revenue below $22000
Importing menstrual and hygiene products worth over 211 million US dollars, generating revenue of less than 3 million US dollars
Imported X-ray film exceeding $160000, generating revenue below $200
Import suede worth $100000 and generate revenue below $1000
The import value of pajamas is nearly 108 million US dollars, with revenue generated below 120000 US dollars
Fishing line vessels with imports exceeding $50 million generate revenue below $140000
Roller coasters with imports exceeding $16 million and generating revenue below $40000
Dodget cars with import value exceeding $2 million generate revenue of less than $15000
Imported ballpoint pens worth over 57 million US dollars, generating revenue below 95000 US dollars
Imported toasters worth over 49 million US dollars, generating revenue below 1000 US dollars
Importing electric blankets worth over $31 million and generating revenue below $5000
Bamboo chopsticks with an import value exceeding 3 million US dollars generate revenue of less than 3000 US dollars.