Australia’s top economic officials have been summoned to discuss the implication of US President Donald Trump’s tariffs.
Treasurer Jim Chalmers will lead the meeting, alongside the RBA governor and Treasury Secretary.
A major point of discussion will be the escalating relationship between the US and China, which could potentially escalate into a trade war.
Trade Minister Don Farrell will also attempt to refresh free trade talks with the European Union’s top trade official today to provide more export options to Australian producers.