{"id":607387,"date":"2026-04-15T01:05:10","date_gmt":"2026-04-15T01:05:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/607387\/"},"modified":"2026-04-15T01:05:10","modified_gmt":"2026-04-15T01:05:10","slug":"strait-of-hormuz-blockade-continues-australia-to-join-paris-talks-over-reopening-route-donald-trump-threats-slammed-by-iranians","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/607387\/","title":{"rendered":"Strait of Hormuz blockade continues; Australia to join Paris talks over reopening route; Donald Trump threats slammed by Iranians"},"content":{"rendered":"<p>Treasurer Jim Chalmers will travel to Washington this morning for key meetings with global financial leaders and international counterparts, in a whirlwind trip that comes after the <a class=\"inline-link\" href=\"https:\/\/www.smh.com.au\/politics\/federal\/don-t-fuel-war-inflation-imf-warns-chalmers-as-recession-risks-grow-20260414-p5znoy.html\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">International Monetary Fund<\/a> conveyed fears of a worldwide recession if US-Iran hostilities don\u2019t end soon.<\/p>\n<p>Chalmers will spend less than 24 hours in the US capital, where he\u2019s expected to push for an end to the war, securing Australia\u2019s fuel supplies, assessing economic forecasts included in next month\u2019s federal budget, strengthening supply chains, and promoting Australia as an investment destination.<\/p>\n<p><img decoding=\"async\" alt=\"Treasurer Jim Chalmers.\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/04\/f9ed774aaa11b993acb9973de8ed41c100a8ae05.jpeg\"  class=\"sc-d34e428-1 ldCIuB\"\/>Treasurer Jim Chalmers.Alex Ellinghausen<\/p>\n<p>He will also meet with counterparts from South Korea, Japan, China, the UK, Indonesia, and Singapore while in DC.<\/p>\n<p>It comes after the IMF warned overnight that the war had upturned the world\u2019s economy and increased inflation pressures that could take years to overcome. It has downgraded its outlook for the global economy, expecting it to expand by 3.1 per cent this year, down from the 3.3 per cent it had forecast in January.<\/p>\n<p>\u201cThe IMF\u2019s World Economic Outlook shows it\u2019s a dangerous moment for the global economy,\u201d Chalmers said.<\/p>\n<p>\u201cThe world is expecting slower growth, higher inflation, and extreme volatility arising out of the conflict in the Middle East, and we are too.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Treasurer Jim Chalmers will travel to Washington this morning for key meetings with global financial leaders and international&hellip;\n","protected":false},"author":2,"featured_media":607388,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[43,44,41,39,42,40],"class_list":["post-607387","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/607387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=607387"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/607387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/607388"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=607387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=607387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=607387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}