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Trump Tariffs: A Grocery Shopper’s Guide

  • Jim Chalmers criticized tariffs as a "tax on the workers and families of the country that levies them" and mentioned further action on "nuisance tariffs."
  • Nuisance tariffs create government revenue but are viewed as inefficient and burdensome, according to Jim Chalmers.
  • The Albanese government has called tariffs "economic self-harm."
  • Chalmers noted that abolishing the first 500 nuisance tariffs shows instances where the cost of levying the tariff exceeds the benefits received.
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High US tariffs put massive pressure on Audi and Porsche. A car expert explains why a joint plant in the USA could now become a great opportunity.

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News broke the news in on Saturday, August 16, 2025.
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