The Opposition Leader says warnings that electricity prices are set to rise by up to 9pc show Labor’s renewables push is not working and Chris Bowen’s tenure as Energy Minister has been a ‘disaster’.
Australia braces for more of Donald Trump’s tariffs as Anthony Albanese and his ministers slam ‘unjustified’ duties on steel and aluminium and suggest the nation’s critical minerals will be used in any future negotiations.
A major escalation in Donald Trump’s trade war was defused after the Premier of the largest Canadian province suspended a plan to apply a 25 per cent surcharge on electricity to the US.
Donald Trump blamed the recent stock market turbulence on the previous administration, arguing he was not concerned and would press ahead with plans to rebuild American industry.
Businesses and consumers are suffering from economic ‘whiplash’ amid fears Trump’s policies will saddle the economy with a mix of ad hoc tariffs, higher prices, suppressed demand and slowing growth.
Australia’s Trade Minister has put on hold a planned US trip to seek an exemption from Donald Trump’s steel and aluminium tariffs as Labor prepares to shift into election mode.
Donald Trump will grant car manufacturers a one-month exemption from the tariffs he imposed on Mexico and Canada, for cars that comply with a free-trade agreement between those countries.
In an escalating war of words over US tariffs, the US Defence Secretary was responding to a strident statement from China that it was ‘ready to fight any type of war.’
Donald Trump’s address to congress set out the decisive break with history posed by his administration and its charting of a bold new direction for the country in global, economic and cultural terms.
Donald Trump has celebrated his victories in the economy, border controls and health reforms and vowed to end the war in Ukraine but did not outline his plan on bringing peace between Moscow and Kyiv | WATCH
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