The US president says America has been looted and plundered for decades.  Global trade is his enemy and his response? Big tariffs, or taxes, charged on goods imported to the United States, from another 34 percent on Chinese imports to 10 percent on everything sent from Australia.They’re coming into effect this weekend and Trump thinks they will revitalise the American manufacturing industries and the economy. The Australian treasurer describes it as a dark day for the global economy.Today, North America correspondent Carrington Clarke explains what it means for all of us. Featured: Carrington Clarke, ABC North America correspondent

The US president says America has been looted and plundered for decades. Global trade is his enemy and his response? Big tariffs, or taxes, charged on goods imported to the United States, from another 34 percent on Chinese imports to 10 percent on everything sent from Australia. They’re coming into effect this weekend and Trump thinks they will revitalise the American manufacturing industries and the economy. The Australian treasurer describes it as a dark day for the global economy. Today, North America correspondent Carrington Clarke explains what it means for all of us. Featured: Carrington Clarke, ABC North America correspondent

The US president says America has been looted and plundered for decades.&nbsp;&nbsp;Global trade is his enemy and his response? Big tariffs, or taxes, charged on goods imported to the United States, from another 34 percent on Chinese imports to 10 percent on everything sent from Australia.They’re coming into effect this weekend and Trump thinks they will revitalise the American manufacturing industries and the economy.&nbsp;The Australian treasurer describes it as a dark day for the global economy.Today, North America correspondent Carrington Clarke explains what it means for all of us.&nbsp;Featured:&nbsp;Carrington Clarke, ABC North America correspondent

Will Trump’s ‘liberation day’ lead to global recession?

ABC News Daily is the podcast that helps you understand the issues affecting your world. Every episode, host Samantha Hawley walks through one story with the help of an ABC colleague or expert in under 15 minutes. When you want coverage you can trust, listen to ABC News Daily.

Key topics of recent episodes include the Donald Trump administration, DOGE, Tesla, insurance costs, recession risks, egg shortages, DeepSeek, neo-Nazis, Putin and Xi, solar batteries, the jobs market, anti-Semitism, and the Israel-Hamas war.

From interest rates, real estate and the housing crisis, to scams and US politics, ABC News Daily brings you facts and analysis you need to understand the biggest news stories.

After Prime Minister Anthony Albanese and Labor were returned to office in the 2025 election, with a strong parliamentary majority, we will be following the government’s new agenda and how the diminished Liberal and National Party Coalition responds. The podcast picks apart major policy areas, including energy policy, finance and the Federal Budget.

The podcast covers news from America, with analysis on the Donald Trump administration in the White House. His actions, including massive tariffs on trade, have big implications for global politics and the economy and US journalists and experts will explain what's at stake.

As Australians battle a cost-of-living crisis, ABC News Daily looks at the causes of inflation, rising rental costs, house prices, insurance costs and the price of groceries. Key experts in business and finance join Samantha Hawley, explaining the state of the economy, the unemployment rate and the jobs market.

Whether you rent, own an investment house or apartment, or are repaying a mortgage, ABC News Daily offers unique insights and analysis. When there are big moves from the Reserve Bank (RBA) on interest rates, or remarkable reactions in the ASX or the Australian dollar, guest experts, including economists, explain why.

Look into ABC News Daily's archive to find episodes on electric vehicles (EVs), artificial intelligence (AI), the big banks, supermarkets, TikTok, Ozempic, Tesla, Elon Musk, Twitter, Facebook, Mark Zuckerberg, COVID, cyber security, spies, espionage, education, schools, teachers, crime and issues relating to Aboriginal and Torres Strait Islander (First Nations) Australians.

ABC News Daily follows developments in the Middle East and the war between Israel and Hamas, with insights into the mindset of Benjamin Netanyahu, Palestinians and the role of Iran.

The podcast looks at the latest from Ukraine as Volodymyr Zelensky fights to repel the Russian invaders led by Russia's President Vladimir Putin. As China's Xi Jinping contemplates the future of Taiwan, ABC News Daily will sort fact from fiction. When North Korea's Kim Jong Un fires ballistic missiles, we'll assess the danger his regime poses.

When scammers target superannuation, your tax return and the ATO, you'll hear advice on what you can do to protect yourself.

As climate change fuelled by greenhouse gas emissions increases the risk of natural disasters, including fires and floods, ABC News Daily brings you fact-based analysis.

The future of electricity generation in Australia is being debated, and as claims are made about the merits of nuclear power, come to ABC News Daily for context around its potential role in replacing or augmenting coal and gas power plants and what it could mean for power bills. The podcast covers the future of renewable / green power generation, including the use of wind turbines, solar and hydro electric power.

The podcast looks at key businesses, including Coles and Woolworths, Qantas, the Commonwealth Bank and the construction, resources and manufacturing industries. When they report record profit, battle unions, or raise prices, the podcast pays attention.

ABC experts including Ian Verrender, Alan Kohler, Laura Tingle, Patricia Karvelas, John Lyons, and Annabel Crabb join Samantha Hawley to step through big issues and current affairs.

News

Daily News

ABC News Daily is the podcast that helps you understand the issues affecting your world. Every episode, host Samantha Hawley walks through one story with the help of an ABC colleague or expert in under 15 minutes. When you want coverage you can trust, listen to ABC News Daily. Key topics of recent episodes include the Donald Trump administration, DOGE, Tesla, insurance costs, recession risks, egg shortages, DeepSeek, neo-Nazis, Putin and Xi, solar batteries, the jobs market, anti-Semitism, and the Israel-Hamas war. From interest rates, real estate and the housing crisis, to scams and US politics, ABC News Daily brings you facts and analysis you need to understand the biggest news stories. After Prime Minister Anthony Albanese and Labor were returned to office in the 2025 election, with a strong parliamentary majority, we will be following the government’s new agenda and how the diminished Liberal and National Party Coalition responds. The podcast picks apart major policy areas, including energy policy, finance and the Federal Budget. The podcast covers news from America, with analysis on the Donald Trump administration in the White House. His actions, including massive tariffs on trade, have big implications for global politics and the economy and US journalists and experts will explain what's at stake. As Australians battle a cost-of-living crisis, ABC News Daily looks at the causes of inflation, rising rental costs, house prices, insurance costs and the price of groceries. Key experts in business and finance join Samantha Hawley, explaining the state of the economy, the unemployment rate and the jobs market. Whether you rent, own an investment house or apartment, or are repaying a mortgage, ABC News Daily offers unique insights and analysis. When there are big moves from the Reserve Bank (RBA) on interest rates, or remarkable reactions in the ASX or the Australian dollar, guest experts, including economists, explain why. Look into ABC News Daily's archive to find episodes on electric vehicles (EVs), artificial intelligence (AI), the big banks, supermarkets, TikTok, Ozempic, Tesla, Elon Musk, Twitter, Facebook, Mark Zuckerberg, COVID, cyber security, spies, espionage, education, schools, teachers, crime and issues relating to Aboriginal and Torres Strait Islander (First Nations) Australians. ABC News Daily follows developments in the Middle East and the war between Israel and Hamas, with insights into the mindset of Benjamin Netanyahu, Palestinians and the role of Iran. The podcast looks at the latest from Ukraine as Volodymyr Zelensky fights to repel the Russian invaders led by Russia's President Vladimir Putin. As China's Xi Jinping contemplates the future of Taiwan, ABC News Daily will sort fact from fiction. When North Korea's Kim Jong Un fires ballistic missiles, we'll assess the danger his regime poses. When scammers target superannuation, your tax return and the ATO, you'll hear advice on what you can do to protect yourself. As climate change fuelled by greenhouse gas emissions increases the risk of natural disasters, including fires and floods, ABC News Daily brings you fact-based analysis. The future of electricity generation in Australia is being debated, and as claims are made about the merits of nuclear power, come to ABC News Daily for context around its potential role in replacing or augmenting coal and gas power plants and what it could mean for power bills. The podcast covers the future of renewable / green power generation, including the use of wind turbines, solar and hydro electric power. The podcast looks at key businesses, including Coles and Woolworths, Qantas, the Commonwealth Bank and the construction, resources and manufacturing industries. When they report record profit, battle unions, or raise prices, the podcast pays attention. ABC experts including Ian Verrender, Alan Kohler, Laura Tingle, Patricia Karvelas, John Lyons, and Annabel Crabb join Samantha Hawley to step through big issues and current affairs.

Share Will Trump’s ‘liberation day’ lead to global recession?

Sign up to save your podcasts

Will Trump’s ‘liberation day’ lead to global recession?

Will Trump’s ‘liberation day’ lead to global recession?

More shows like ABC News Daily

Background Briefing

Hack

Pacific Beat

Radio National Breakfast — Separate stories podcast

Rear Vision — How History Shaped Today

Big Ideas

AM

The World Today

Saturday Extra - Separate stories podcast

RN Drive - Separate stories podcast

Pacific Review

The Economy, Stupid

Politics Now

Australian Politics

AM

PM

The World Today

If You're Listening

Australia Wide

The Morning Edition

7am

Full Story

What's That Rash?

Ms Represented

Not Stupid

After The Disaster

ABC News Top Stories