Trump's tariffs won't wreck Australia's economy. But America's could be cooked.

Americans are going to bear the brunt of Trump’s ‘Liberation Day’ tariffs.

On this episode of Dollars & Sense, Greg and Hayden discuss Trump’s tariffs, the Reserve Bank’s magic 8-ball monetary policy, and why minimum wage increases don’t drive up inflation.

This discussion was recorded on Thursday 3 April 2025 and things may have changed since recording.

Order What's the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website.

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @grogsgamut

Host: Hayden Starr, Digital Media Manager, the Australia Institute // @haydenstarr

Show notes:

Australia Institute Live from Amy Remeikis

‘You never know what you’re gonna get: Australians will have to wait until after the election to see if there’s an interest rate cut’ by Greg Jericho, Guardian Australia (March 2025)

‘Trump Set to Push Ahead With Tariffs—as His Polling and Stock Market Tumble’ by Brian Bennett, TIME (April 2025)

Theme music: Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

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