What Trump tariffs could mean for South Australia
The indirect impact on South Australian export markets comes from primarily two channels, writes Susan Stone.
When Donald Trump was elected, the world braced for a period of policy chaos. But it’s fair to say that the past several weeks have surpassed the expectations of even the most ardent ‘disruption’ supporters.
Trump’s strategy of “flooding the zone” – raising so many issues that it is impossible for the media to adequately cover them all, seems to be working. From painting over a “wall of diversity” at the FBI, to the creation of a US sovereign wealth fund, to CBS News handing over the raw footage of a former Vice President Harris interview, the daily proclamations, executive orders and legally questionable policy moves coming from the White House has been truly overwhelming with many stories barely touched on by the media.
Tariffs, however, remain an exception.
Since Trump first announced tariffs on Mexico, Canada and China it has been non-stop threats, reprieves and retaliation.
Currently, the only tariffs that have gone into effect are the 10 per cent additional tariffs on all Chinese goods (tariffs from the first Trump and the Biden administration remain in effect). China has retaliated with 15 per cent tariffs on US liquid natural gas and coal and 10 per cent........
© InDaily
