'Not immune': Jim Chalmers to speak about Australian economy under Trump tensions
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Treasurer Jim Chalmers will address the Australian economy's resilience to potential pressures from a second Donald Trump presidency on November 11, 2024; he asserts Australia is 'not immune' but likely to fare better than other nations; Trump has proposed significant tariffs on imports; Chalmers anticipates a small reduction in output and price pressures in the short term; he emphasizes Australia's flexible exchange rate and independent central bank as mitigating factors; the global impact of US tariffs is expected to be more substantial; Chalmers highlights the interlinkage of economic and foreign policy; Prime Minister Anthony Albanese will attend APEC and G20 summits later in the week; Chalmers expresses confidence in navigating changes under a new US administration.

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https://www.sbs.com.au/news/article/not-immune-jim-chalmers-to-speak-about-australian-economy-under-trump-tensions/8ltf2uy71