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.

 

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Guest: Managing editor of The Saturday Paper Emily Barrett

Photo: AAP Image / Dean Lewin

Donald Trump&rsquo;s trade war is escalating, as his wide-ranging tariffs take effect.&nbsp;
Australia had hoped to avoid a 25 per cent tariff on our steel and aluminium &ndash; but we now know there&rsquo;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 &ndash; that would impact the Australian economy much more &ndash; should be immune.
But as Trump&rsquo;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.
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Managing editor of The Saturday Paper Emily Barrett
Photo:&nbsp;AAP Image / Dean Lewin

An independent daily news show. We feature the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

An independent daily news show. We feature the country&rsquo;s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

A daily news show from the publisher of The Monthly and The Saturday Paper.

A daily news show from the publisher of The Monthly and The Saturday Paper. Hear from the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

The real impact of Trump’s tariffs on Australia

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