On this episode of Follow the Money, Senior Economist Matt Grudnoff joins Ebony Bennett to explain how tariffs work, Trump’s 25 per cent levy on steel and aluminium imports, and how big a deal this will be for Australia.

This discussion was recorded on Tuesday 11 February 2025 and things may have changed since recording.

Order What’s the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website.

Guest: Matt Grudnoff, Senior Economist, the Australia Institute // @mattgrudnoff

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebonybennett

Show notes: 

After America, the Australia Institute

‘Trump’s latest tariff bid shows the old rules of trade no longer apply. Scraps of paper will not save us’ by Greg Jericho, Guardian Australia (February 2025)

Theme music: Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.