Good morning. The US president, Donald Trump, has blamed “transition problems” after the White House clarified China faces 145% tariffs rather than the 125% announced yesterday. US stocks fell again, reversing some of the gains in yesterday’s sharp rally.
In election news, the Coalition plans to shrink the size of the public service through natural attrition, and the public sector union in Australia has warned this would have a significant impact on the body that regulates aged care. Plus, the latest in our Last Chance series spotlights a critically endangered freshwater turtle.