Australia's economic growth at risk as US-China trade war escalates
by Martin Farrer from Economics | The Guardian on (#3Z2WZ)
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.
Related: US casts doubt on Australia's claim of permanent exemption from Trump's tariffs
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