Which country’s economy was notably impacted by the U.S. tariffs announced in March 2025, leading to adjusted GDP growth forecasts?

A. Canada
B. Australia
C. Mexico
D. Germany

Answer

Correct Answer: B. Australia


Detail About MCQs

The Australian economy was notably impacted by the U.S. tariffs announced in March 2025. Treasurer Jim Chalmers acknowledged that the economy was expected to take a hit, with GDP growth forecast at 4.25% in 2024-25 slowing to 3.25% in 2025-26.

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