Impending Trump Tariffs on China Raise Concerns for Australia, Warns RBA

In a recent analysis, officials from the Reserve Bank of Australia (RBA) have expressed serious concerns regarding the potential reintroduction of tariffs on Chinese goods by former President Donald Trump. This development could have significant repercussions for Australia’s economy, especially considering its close trade ties with China. The anticipated policies could further complicate Australia's trade dynamics, which are already under pressure from changing global economics.

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