Trump’s tariffs won’t wreck Australia’s economy. But America’s could be cooked.
Americans are going to bear the brunt of Trump’s ‘Liberation Day’ tariffs.
On this episode of Dollars & Sense, Greg and Hayden discuss Trump’s tariffs, the Reserve Bank’s magic 8-ball monetary policy, and why minimum wage increases don’t drive up inflation.
This discussion was recorded on Thursday 3 April 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.
Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @grogsgamut
Host: Hayden Starr, Digital Media Manager, the Australia Institute // @haydenstarr
Show notes:
Australia Institute Live from Amy Remeikis
‘You never know what you’re gonna get: Australians will have to wait until after the election to see if there’s an interest rate cut’ by Greg Jericho, Guardian Australia (March 2025)
‘Trump Set to Push Ahead With Tariffs—as His Polling and Stock Market Tumble’ by Brian Bennett, TIME (April 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.
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Donald Trump cannot make the Epstein files go away. Will this be the story that brings him down?
Conspiracy theories are funny things. The most enduring ones usually take hold for two reasons: first, because there’s some grain of truth to them, and second, because they speak to foundational historical divisions. The theories morph and change, distorting the grain of truth at their centre beyond reality. In the process, they reinforce and deepen
Can Albanese claim ‘success’ with Trump? Beyond the banter, the vague commitments should be viewed with scepticism
By all the usual diplomatic measures, Australian Prime Minister Anthony Albanese’s meeting with US President Donald Trump was a great success. “Success” in a meeting with Trump is to avoid the ritual humiliation the president sometimes likes to inflict on his interlocutors. In that sense, Albanese and his team pulled off an impressive diplomatic feat. While there was one awkward
Hope is alive | Between the Lines
The Wrap with Emma Shortis One year after Donald Trump was elected President of the United States for a second time, New York City elected a self-declared “democratic socialist” as Mayor. Zohran Mamdani beat independent candidate, disgraced former Democrat Andrew Cuomo, by nine percentage points. In Virginia and New Jersey too, Democrats swept to double-digit victories. In California, Governor Gavin Newsom’s