Australia Navigates Trump's Protectionist Trade Policies

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Australia Navigates Trump's Protectionist Trade Policies
EconomicsTRUMPPROTECTIONISM
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Australia faces challenges in navigating the unpredictable trade landscape under President Trump's protectionist policies. While the country has historically maintained strong ties with both political parties in the US, Trump's actions, including tariffs, pose significant risks to Australian exports and the global trading system.

Australia has always worked both sides of the aisle in Washington, but now the Albanese government is having to push its case up very steep hillsanberra has been little more than a nervous bystander as the US president, Donald Trump , unleashes his first, keeping its collective head down, lest it attract fire itself.

Anthony Albanese’s government, like the Coalition that preceded it, has emphasised a few points to Trump, notably that Australia is a strong ally which has consistently run a trade deficit with the US. Last time, Australia got an exemption from US tariffs, on steel, for example. But that might be harder under Trump 2.0.

In his first term, Trump hired many conventional staffers who acted as a brake on his most anarchic impulses.. Trump’s worst instincts are now implemented with speed and conviction. Any damage to China’s economy, which takes about one-third of Australia’s exports, will almost certainly flow through to Australia, though not in a straight line.

But the real blowback for middle-powers like Australia may not be in the ups and downs of a quixotic and damaging trade war.

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Economics TRUMP PROTECTIONISM TARIFFS AUSTRALIA TRADE

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