Fears Australia underestimated Trump’s trade war after IMF slashes $13bn off forecasted growth

Why the IMF is slashing Australia's economic growth forecast

In its latest assessment of the global economy, the International Monetary Fund has slashed its growth outlook for Australia.

Trump’s $13 billion blow to Australia

A dark cloud looms over the Australian economy, with the latest global forecasts predicting higher inflation and slower growth.

Fears Australia underestimated Trump’s trade war after IMF slashes $13bn off forecasted growth

Grim outlook contrasts with Treasury modelling released by Jim Chalmers this month showing only ‘modest’ impact from US tariffsPolls tracker; election guide; full federal election coverageAnywhere but Canberra; interactive electorates guideListen to the latest episode of our new narrative podcast series: GinaGet our afternoon election email, free app or daily news podcastTreasury may be underestimating the threat posed by Donald Trump’s trade wa…