Part 7/8:
While the resolution offers domestic relief, experts warn that ongoing tariff disputes could continue to disrupt global supply chains, create economic uncertainty, and dampen business confidence worldwide. Reduced confidence often translates into decreased spending and investment, which can have ripple effects across economies.
However, Australia’s diverse export market structure, along with the resilience of its key industries such as agriculture, minerals, and services, may help cushion potential shocks. Policymakers remain optimistic that strategic resilience and diplomatic efforts can sustain stable growth despite turbulent international trade winds.