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Michael Stutchbury

We shouldn’t hit back on tariffs – it would just hurt us more

Despite the $1 billion hit, it would be self-defeating to retaliate in kind against Donald Trump’s refusal to exclude Australia from his 25 per cent global levy.

Michael StutchburyEditor-at-large
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Them’s fighting words from Malcolm Turnbull and new Canadian prime minister Mark Carney.

But it would be self-defeating for Canberra to retaliate in kind against Donald Trump’s refusal to exclude Australia from his 25 per cent global tariff on about $1 billion of our aluminium and steel imports.

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Michael Stutchbury is editor-at-large. He is in his fourth decade of writing for and editing national newspapers. After nearly six years as editor of The Australian, he returned to the Financial Review as editor-in-chief (2011-2024). Email Michael at mstutchbury@afr.com
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    Original URL: https://www.afr.com/politics/federal/we-shouldn-t-hit-back-on-tariffs-it-would-just-hurt-us-more-20250312-p5liwa