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