Tariff triumph or trouble? | Insiders On Background

Justin Wolfers, an acclaimed Australian economist and professor at the University of Michigan, dives into the complexities of US-Australia trade relations. He discusses the impact of US-imposed tariffs on inflation and corporate earnings. Wolfers highlights Australia’s strategic position amidst US-China tensions, particularly in rare earth minerals. He also critiques current trade agreements and explores shifting public sentiment toward Trump's economic policies, noting a decline in support for tariffs among economists and the general populace.