The real impact of Trump’s tariffs on Australia

Donald Trump’s trade war is escalating, as his wide-ranging tariffs take effect. Australia had hoped to avoid a 25 per cent tariff on our steel and aluminium – but we now know there’ll be no exemptions. As Canada and the EU retaliate with counter-tariffs, Prime Minister Anthony Albanese is focused on stemming the damage, by arguing other large industries – that would impact the Australian economy much more – should be immune. But as Trump’s foreign policies become increasingly aggressive, his decisions on trade could spill into every aspect of our alliance. Today, managing editor of The Saturday Paper , Emily Barrett, on what the tariffs mean for the Australian economy and what the government can do about it. If you enjoy 7am , the best way you can support us is by making a contribution at 7ampodcast.com.au/support . Socials: Stay in touch with us on Instagram Guest: Managing editor of The Saturday Paper Emily Barrett Photo: AAP Image / Dean Lewin See omnystudio.com/listener for privacy information.