{"id":35883,"date":"2025-03-13T02:32:03","date_gmt":"2025-03-13T02:32:03","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/03\/13\/trumps-senseless-tariffs-will-extend-the-economic-malaise-felt-by-so-many-in-australia-and-around-the-world-nicki-hutley\/"},"modified":"2025-03-13T02:32:03","modified_gmt":"2025-03-13T02:32:03","slug":"trumps-senseless-tariffs-will-extend-the-economic-malaise-felt-by-so-many-in-australia-and-around-the-world-nicki-hutley","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/03\/13\/trumps-senseless-tariffs-will-extend-the-economic-malaise-felt-by-so-many-in-australia-and-around-the-world-nicki-hutley\/","title":{"rendered":"Trump\u2019s senseless tariffs will extend the economic malaise felt by so many in Australia \u2013 and around the world | Nicki Hutley"},"content":{"rendered":"<p>We are about to get a painful global lesson in why we should listen to, rather than denigrate, experts. No one wins a trade war<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/australia-news\/live\/2025\/mar\/13\/australia-news-live-energy-prices-cost-of-living-tariffs-steel-aluminium-election-anthony-albanese-peter-dutton-ntwnfb\">Follow our Australia news live blog for latest updates<\/a><\/li>\n<li>Get our <a href=\"https:\/\/www.theguardian.com\/email-newsletters?CMP=cvau_sfl\">breaking news email<\/a>, <a href=\"https:\/\/app.adjust.com\/w4u7jx3\">free app<\/a> or <a href=\"https:\/\/www.theguardian.com\/australia-news\/series\/full-story?CMP=cvau_sfl\">daily news podcast<\/a><\/li>\n<\/ul>\n<p>Earlier this month, outgoing Canadian prime minister Justin Trudeau called US president Donald Trump\u2019s tariffs <a href=\"https:\/\/apnews.com\/article\/trudeau-trump-canada-tariffs-us-5d5ef8bd41c4567926d543a9526b2e84\">\u201cvery dumb\u201d<\/a>. Given the large hit to share markets this week in response to the escalating prospect of all-out trade wars and recession, some might say Trudeau\u2019s comment was an understatement.<\/p>\n<p>Because the truth is, while much of the early economic analysis of the potential impact of tariffs has focused on country-level inflation and growth, the story is much more complicated, and the ripple effects are already travelling far and wide.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/commentisfree\/2025\/mar\/13\/trump-tariffs-australia-global-economic-malaise\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are about to get a painful global lesson in why we should listen to, rather than denigrate, experts. No one wins a trade war Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Earlier this month, outgoing Canadian prime minister Justin Trudeau called &#8230; <a title=\"Trump\u2019s senseless tariffs will extend the economic malaise felt by so many in Australia \u2013 and around the world | Nicki Hutley\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/03\/13\/trumps-senseless-tariffs-will-extend-the-economic-malaise-felt-by-so-many-in-australia-and-around-the-world-nicki-hutley\/\" aria-label=\"Read more about Trump\u2019s senseless tariffs will extend the economic malaise felt by so many in Australia \u2013 and around the world | Nicki Hutley\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35883","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/35883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=35883"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/35883\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=35883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=35883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=35883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}