The Albanese government is bracing for Donald Trump to impose “Liberation Day” tariffs of up to 20 per cent when he escalates his global trade war on Wednesday, but is hoping Australian industries are hit with lower rates than their international rivals.
Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com
