Published 20 days ago • loading... • Updated 20 days ago

‘Uncertain times’: Warning amid Trump tariffs

Treasurer Jim Chalmers warned of uncertain times as the global economy faces geopolitical challenges, including tariffs imposed by Donald Trump on Canada, Mexico, and China.
The tariffs led to countermeasures from the affected countries and caused chaos in global stock markets.
Chalmers noted that Australian businesses are discussing strategies to navigate international turbulence and are working on the best export strategy.
Trump justified the tariffs as a measure against fentanyl smuggling, linking it to tens of thousands of deaths, highlighting the economic implications of global uncertainty.

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Jim Chalmers’ warning comes after Donald Trump announced tariffs on countries, including close ally Canada.

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News broke the news in 20 days ago on Tuesday, February 4, 2025.

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