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‘Lucky country’: The unintended consequences of the Trumpian tariff storm

The 2025 trade agreement between the UK government, led by Keir Starmer, and the US administration under Donald Trump maintained a 10 percent tariff rate and was often referred to as a 'nothingburger' by analysts.
Despite Australia's minimal direct trade exposure to the US at 0.1 percent of GDP, the broader economic and political tensions under Trump’s tariff policies have caused widespread concern.
American companies have faced billions in additional tariff costs, New York cut its tourism forecast by 17 percent, and investors noted job losses nearing recessionary levels amid the trade conflict.
Regal Partners chairman Paul Moore warned the continuation of 100 percent US-China tariffs could trigger a depression, while Federal Reserve chairman Powell noted the tariffs may cause stagflation with rising inflation and unemployment.
Experts fear that the unpredictability of the trade war threatens financial markets globally, with Australia needing substantial policy responses beyond luck to manage these structural shifts.

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ABC Australia

Lean Left

If Albanese is serious about Aussie culture, Trump could be key to protecting it

If the newly re-elected Albanese government is serious about Australian culture and production, then Donald Trump could be inadvertently showing the way to ensuring it.

2 days ago·Australia

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Sydney Morning Herald

+2 Reposted by 2 other sources

Lean Left

‘Lucky country’: The unintended consequences of the Trumpian tariff storm

Amid the global economic chaos unleashed by Trump’s tariff agenda, Australia has emerged as a beacon of stability. But our luck might not last.

3 days ago·Sydney, Australia

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stockandland.com.au

+3 Reposted by 3 other sources

Aussie red meat exports stay the course amid Trump tariff turbulence

Australian meat exports to the US prove resilient against 10% tariffs. Experts anticipate modest impact on demand patterns.

3 days ago

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nationalhogfarmer.com

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feedstuffs.com

U.S. red meat exports surge in March, despite uncertainty

Plant eligibility for China less of an issue for U.S. pork than U.S. beef, but both pork and beef exports have since hit a wall due to China’s prohibitive duties.

4 days ago

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Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

Red Meat Exports Trend Higher in March; Beef Export Value Highest in Nine Months - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

Exports of U.S. beef, pork and lamb trended higher year-over-year in March, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef export value […] The post Red Meat Exports Trend Higher in March; Beef Export Value Highest in Nine Months appeared first on Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info.

4 days ago

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