Trump's tariff war has come to Australia. Here's what it means for you
The Briefing10 Feb 2025

Trump's tariff war has come to Australia. Here's what it means for you

Headlines: Jury in Sam Kerr trial retires, Hamas pauses release of Israeli hostages, Nationals walk back Dutton’s threat of axing public servant jobs and Super Bowl 59 will go down as one for the ages.

Deep Dive: Australia has officially entered the tariff war.

After weeks of speculation, yesterday US President Donald Trump confirmed Australia will be among the latest targets of sweeping 25 per cent tariffs on steel and aluminum imports.

Australian PM Anthony Albanese says he’ll have an urgent phone call with the US President to convince Trump to tariff other countries but keep us the hell out of it. But will it work – and if it doesn’t, how will it impact not just Australian business, but everyday Aussies on the ground?

Scott Phillips, Chief Investment Officer at The Motley Fool Australia, joins Bension Siebert on this episode of The Briefing to unpack what this means for us, and what he thinks will happen next.

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