CANBERRA, ACT, Oct. 18 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: trade, critical minerals

Jim Chalmers:

Australia's interests are best served by more trade, not more trade barriers. And that's the approach that we take to this. Yes, we have the lowest tariffs from the US around the world, and that's good for Australia in comparative terms. And most of our trade goes elsewhere.

But we are concerned, we have raised our concern over the course of recent months about the impact on the global economy. The global economy is obviously going through a period of great uncertainty. The tariffs are part of that, but not the only source of that uncertainty. The job for Australia is to make sure that we continue ...