Straight Talk with Mark Bouris

#180 Treasurer Jim Chalmers on Trump's Tariffs & the case for another term of the Labor Government

8 snips
Apr 9, 2025
In this talk, Jim Chalmers, Australia’s Treasurer, shares his insights on Trump’s tariffs and their impact on the economy, drawing from his experiences during the Global Financial Crisis. He reflects on his roots in Logan, QLD, and the mentor who ignited his political passion. Chalmers argues for the continued success of the Labor government, discussing essential values in leadership. He also touches on the dynamics of political support, the significance of effective communication during crises, and the importance of adapting to economic challenges.
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INSIGHT

Mentored Plus Launch

  • Mark Bouris announces the launch of Mentored Plus, a platform with business insights.
  • It will feature a weekly Q&A podcast, blogs, behind-the-scenes content, and a community group chat.
ANECDOTE

Market Volatility and Tariffs

  • The Australian market reacted strongly to Trump's tariff decisions, dropping 4%.
  • Chalmers discussed the global market volatility and Australia's economic concerns regarding China.
ANECDOTE

Chalmers' GFC Experience

  • During the GFC, Chalmers served as Deputy Chief of Staff and later Chief of Staff to Treasurer Wayne Swan.
  • This experience provides him with valuable insights for navigating current economic challenges.
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