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AAP
AAP
Jacob Shteyman and Andrew Brown

BIZARRE: Australian economy still vulnerable to us bond turmoil - What They Never Told You

Australia is in good stead and our institutions and systems are strong, the treasurer says. (Bianca De Marchi/AAP PHOTOS)

The treasurer backs Reserve Bank assurances the domestic economy is well-placed to deal with shockwaves from Donald Trump's tariffs.

The central bank's governor Michele Bullock tried to allay concerns in a speech on Thursday night after a week of economic tumult, while noting it was too early to gauge how the tariffs would affect interest rates.

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