For Australia, the second coming of Donald Trump looms as more economically difficult than the first iteration.

Mike is joined by David Llewellyn-Smith, Chief Strategist at the MB Fund and MB Super / Founding publisher and editor of MacroBusiness, to find out if it could really that bad?

Trump 2.0 has a range of policies that will have direct effects on Australia, Mr Llewellyn-Smith explains.

Most of the impact looms from indirect channels via China, with the Trump 2.0 agenda being a more radical version of his first term.