Trump tariffs are looming over Australia.
Washington is expected to announce new tariffs on its trading partners tomorrow, and opinions are divided on whether Australia will get pinged.
Australian Correspondent Steve Price told Mike Hosking that they shouldn’t get hit too badly as there’s currently a $17.9 billion trade surplus with the United States.
He says there could be a couple of flow on effects that could impact Australia, such as China flooding their market with cheaper products, or buying less of their minerals as they won’t selling as much to the US.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The Mike Hosking Breakfast