Trump tariffs kick in and nobody can do a thing about it
Even with the likelihood of trillions being wiped of the value of US stocks due to tariff uncertainly the Trump administration has added another 10% impost on beef importers President Trump has touted his reciprocal tariffs plan for weeks as “Liberation Day” for the US and a chance to gouge back money he believes the […]
Trump tariffs to hit Victorian businesses the hardest
The Victorian Chamber of Commerce and Industry is warning of significant consequences for Victorian exporters, particularly in agriculture, food production and manufacturing, following the United States introducing a 10% tariff on all Australian goods. Victoria is Australia’s largest food and fibre exporter, accounting for 24% of the national total in 2022-23. The U.S. is a […]
Tariff turmoil coming for Aussie farmers as Trump levies kick in
The US has spent a lot of money building up allies and goodwill worldwide and president Donald J Trump wants it all back in tariffs Just how the Trump conceived US tariffs that kicked in today will impact local workers is summarised by UNSW Business School’s Dr Scott French along with express reasons why policy […]
Tariffs set to devastate farmer incomes worldwide
With tariffs already being applied to farm produce in several markets the result appears to support heavy losses for farmers Until Australia’s former Prime Minister Malcolm Turnbull started an open spat with US president Donald Trump, it did appear local farmers might be spared from the devastating effects of tariffs. But any advantage current Prime […]