The US plans to slap the new tariff on dozens of countries for allegedly failing to "address the importation of goods made with forced labour".
Mr Albanese said any tariff on Australian exports to the US was "unjustified and inconsistent" with the free trade agreements between the two allies.
Mr Albanese said Australia had world-leading legislation addressing forced labour and modern slavery that passed through parliament with unanimous support.
Joe Hockey says he has argued with Donald Trump about tariffs, but he will not budge on his position.
Former federal treasurer and former Australian ambassador to the US Joe Hockey said he was not surprised by the move by Trump administration.
Mr Hockey said Mr Trump could not see the inflationary and negative impact that tariffs had on American consumers.
Mr Evans says Australia could toughen up its Modern Slavery Act which asks businesses to ensure there is no forced labour in their supply chains. »