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Australia ‘not immune from trade tensions’, Chalmers says ahead of incoming Trump presidency

Australia ‘not immune from trade tensions’, Chalmers says ahead of incoming Trump presidency



Treasurer says he spoke about tariffs to a ‘key member’ of Trump’s economic team before the US electionGet our breaking news email, free app or daily news podcastAustralia’s economy will not be immune from escalating trade tensions, Jim Chalmers has warned, as the Albanese government prepares itself for an incoming Donald Trump administration.In a speech to be delivered on Monday , the treasurer will outline the risks of an “uncertain world characterised by economic vulnerability and volatility” but will say the Australian government is “well-placed and well-prepared”.Sign up for Guardian Australia’s breaking news email Continue reading…



Source link : https://www.theguardian.com/business/2024/nov/11/australia-not-immune-from-trade-tensions-chalmers-says-ahead-of-incoming-trump-presidency

Author : Sarah Basford Canales

Publish date : 2024-11-10 14:00:24

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Tags :The Guardian

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