Politics Now How do we react to another Trump tariff bombshell?
Jul 29, 2025
A surprise tariff increase from Trump could nearly double U.S. tariffs on Australian exports, creating economic turmoil. The hosts discuss strategies to combat this impact while also analyzing the complex ties between Australia and the UK, especially in light of political shifts. They explore healthcare challenges related to Medicare and bulk billing amidst public pressures. Additionally, the podcast examines the balancing act of political promises versus financial realities, highlighting the disconnect between leaders and public sentiment on sensitive issues like the humanitarian crisis in Gaza.
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Trump's Tariff Surprise Impact
- Trump's surprise tariff bombshell could nearly double tariffs to 20% for Australia and other US trading partners.
- This unexpected move complicates government's trade relations and economic outlook significantly.
Beef Exports Defy Tariff Threats
- Low US cattle herd means Australian beef exporters currently profit despite tariff threats.
- Higher tariffs could make cheeseburgers more expensive in the US but benefit Australian beef exporters.
Government's Overnight Vigilance
- Australian government officials are frequently monitoring US news overnight due to Trump's unpredictable tariff decisions.
- This constant vigilance reveals the high political sensitivity and urgency of tariff-related developments.