Published: September 18, 2018
Economists and politicians warn Australia is exposed to both economies and their tariff blows
Australia’s economic growth could suffer a serious setback as the country’s exporters risk being caught up in the mounting trade war between the United States and China.
As Beijing retaliated with tariffs on $60bn of US goods following the Trump administration’s $200bn hit on Chinese imports, a closely watched index on Australia’s economic prospects pointed to a slowing in momentum for the remainder of the year and into 2019.
Continue reading...from The Guardian https://ift.tt/2PL1lcc
via
0 Comments