Australia Braces for Economic Impact After Trump's US Election Victory

Treasurer Jim Chalmers seeks to reassure voters amid concerns over potential economic and security challenges posed by Trump's policies.

Donald Trump secured a decisive victory in the US election, winning all battleground states and accumulating 312 electoral votes.
Australian Treasurer Jim Chalmers addressed concerns over economic impacts, emphasizing Australia's preparedness to navigate potential challenges.
Polling indicates 40% of Australians believe Trump's win is detrimental to the country, with significant apprehension over trade and defense policies.
Opposition Leader Peter Dutton's approval ratings have improved, matching Prime Minister Anthony Albanese in public preference for leadership.
The Australian government faces pressure to reconsider its stance on climate commitments, with internal calls to revisit net-zero targets in light of US policy shifts.