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Showing posts from May, 2025

Trump's Trade Wars Help Australia's Center-Left Party Win National Election (A Repeat of Canada!)

First, it was Canada; now, it's Australian voters delivering a sharp rebuke to President Donald Trump's assertions that he's a "world leader." The center-left Labor Party in the country from "down under" has retained control of the government, winning the parliamentary elections on Saturday — a dramatic turnaround, given that the conservative coalition was previously projected to win . The rosy outlook for conservatives flipped after the tariffs imposed by Trump on the country — initially at 25 percent, then down to the (as for now) 10 percent rate — shifted public sentiment away from the conservative coalition and back toward Labor. It's a near-identical outcome to what happened in Canada last month . From The Washington Post : With roughly half of the votes counted, Labor appeared on track to increase its majority in the lower chamber of Parliament from 78 seats to at least 87, with more than a dozen races yet to be called. In a shock that ap...