Trump's Tariffs 'Actually Good' for Australia, Productivity Commission Finds
8 Articles
8 Articles
‘Australia Should Not Retaliate’ Against Trump: Productivity Commission Pushes to Reduce Tariffs
The Australian Productivity Commission has recommended removing Australia’s tariffs and not retaliating against U.S. President Donald Trump’s measures in the United States. This comes after Trump imposed a global tariff of 10 percent on imports into the United States, including from Australia. Multiple other countries have been hit with bigger tariffs. In a trade and assistance review (pdf), the Australian government’s economic advisory body war…


Trump's tariffs 'actually good' for Australia, Productivity Commission finds
The federal government's economic think tank says Australia will likely be a winner from Donald Trump's tariffs if it does not retaliate and that we would be better off by removing more of the nation's remaining tariffs.
trump tariff impact on wallet: Trump's tariffs: How will they impact your wallet and what can you do to prepare yourself?
President Trump's new tariffs on imported goods will likely increase consumer prices on essentials and big-ticket items, disproportionately affecting low-income households. Economists highlight potential job losses and inflation impacts. Prices for groceries, electronics, clothing, and homebuying may rise. Consumers should prepare for higher costs and seek second-hand or generic alternatives to adapt.
Mediafax The Swiss steel industry exported last year products worth 26 billion Swiss francs. It is now faced with a double hit: China's low demand and U.S. business uncertainty, reports Reuters. Trump announced in April that it will impose a 31% price on Switzerland, much more than 20% proposed for the EU. Then suspended the measure for 90 days, maintaining a 10% tax, and extended the deadline until 1 August. "This is clearly too late," says Ken…
Coverage Details
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium