FE Today Logo
Search date: 12-04-2018 Return to current date: Click here

‘Trade war to damage Australia economy’

April 12, 2018 00:00:00


SYDNEY, Apr 11 (Reuters): A serious escalation of international trade tensions would "damage" the Australian economy, the country's top central banker warned on Wednesday, amid a deepening tariff dispute between the United States and China.

Volatility has spread across global financial markets since US President Donald Trump first slapped import tariffs on aluminium and steel products last month, and later singled out China with extra duties.


Share if you like