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The Guardian - AU
The Guardian - AU
National
Sarah Basford Canales

Trade minister to warn Trump’s tariff wars could make Australia ‘suffer’ for generations

Trade minister Don Farrell
Trade minister Don Farrell will highlight the importance of trade and investment in supporting Australia’s top priorities: productivity, economic resilience and budget sustainability. Photograph: Mick Tsikas/AAP

Australia “will suffer” for generations if Donald Trump’s global trade wars persist, Don Farrell warns, as the Albanese government stares down an increasingly challenging economic environment in its second term.

In his address to the Lowy Institute on Friday, Australia’s trade minister will also say the US is “seeking to expand domestic manufacturing and influence the policies of its trading partners” as it questions the benefits of open, rules-based trade.

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