Jim Chalmers to burnish his diplomatic efforts, as economic and foreign policy become 'almost indistinguishable'
ABCTreasurer Jim Chalmers will use a speech to foreign policy experts today to burnish his diplomatic credentials and issue a warning that Donald Trump's tariff plans may buffet Australia's economy and trigger a short-term inflation spike. Billed as the first major comments by a member of the Albanese government since Trump's US presidential election victory, Mr Chalmers will say that foreign policy, like economic policy, "is a team effort". On the trip Mr Chalmers met with Mr Bessent, a US investor, at an evening meeting hosted by Kevin Rudd at the official "White Oaks" ambassador's residence. "We had a long discussion after dinner, at the ambassador's residence, two Thursdays ago," Mr Chalmers will say. Role of treasurer has been internationalised, Chalmers says As Mr Albanese prepares for a trip later in the week to Peru for a meeting of Asia-Pacific leaders, Mr Chalmers will say that it has been "a long time since it would be considered strange for an Australian treasurer to address a gathering of foreign policy thinkers like this".
History of this topic
Treasurer Jim Chalmers says government has work to do on cost of living measures
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Treasurer Jim Chalmers concedes Australia risks missing its climate targets
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Treasurer Jim Chalmers warns of global economy's 'perilous path' ahead of federal budget
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Jim Chalmers paints a bleak economic picture, with inflation to spike and GDP to fall. Can he hold the public's trust?
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