What do Trump's tariffs mean for Australia?

This week, the White House confirmed Australia would not be exempt from President Donald Trump's tariffs on U.S. imports. It comes after months of uncertainty and efforts by the Albanese Government to negotiate an exemption for Australian steel and aluminium. However, the 25% import tax officially came into effect yesterday afternoon. The Federal Government has vowed to continue pushing for an exemption. The tariffs followed a tumultuous start to the week for the U.S. economy and global markets after Trump refused to rule out the possibility of a U.S. recession. Today, we’ll explain what you need to know about the latesct from the U.S. and what it all means for Australia's economy

Hosts: Emma Gillespie and Billi FitzSimons
Producer: Elliot Lawry

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