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new tariffsCryptopolitan
•World
World
74% Informative
Australian Treasurer Jim Chalmers says the U.S. is about to light a fuse under world markets with new tariffs and trade chaos.
He said the global economic fallout from Trump ’s new trade war has already cast a shadow over this budget.
The budget will include a $1.8 billion in new electricity bill subsidies, lasting six months .
Trump said on Sunday he’ll impose reciprocal tariffs and additional tariffs on specific sectors starting April 2 .
Jim said the budget will respond to new trade threats with policies designed to shield the economy.
He said the focus is now on keeping the economy stable, not rolling out more programs.
Trump 's new tariff regime, set to start in April , is adding major pressure to an already fragile global system.
VR Score
76
Informative language
73
Neutral language
53
Article tone
informal
Language
English
Language complexity
39
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
2
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