Trump tariffs are back
· 21 min
Episode Trump tariffs are back
We know Donald Trump loves a tariff. And according to his administration, a slew of new ones are set to hit 60 countries this afternoon.
Australia is on the list - with a 12.5 per cent tariff that will be imposed on Australian exports to the US.
So what exactly are the grounds for these new duties? And what will be the impact?
And how does Australia’s tariff square with those imposed on other countries?
Meanwhile, Brent Crude has hit $100 US dollars a barrel for the first time since May.
What does this mean for petrol prices here at home?
And the news really never does sleep: key tech stocks tanked on the US market overnight.
With such a lot of economic news about this morning, the ABC Business Daily team is here with a special bonus episode.
Daniel Ziffer and ABC News Editor Michael Janda break it all down on ABC Business Daily.
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