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Treasurer Jim Chalmers talks down prospect of US-Australia trade war, retaliation "not our preference" https://www.abc.net.au/news/2025-02-04/jim-chalmers-donald-trump-trade-war-tariffs/104894286 #trade #auspol

Matthew Rimmer hat dies geteilt

Trade wars serve no one and have serious side effects on cost of living. A tit for tat game achieves nothing but misery and angst. Let the US do what the US does but let’s negotiate without retaliation. In the end tariffs on imported goods only hurt the domestic economy.
#auspol