Trump tariff disruption could have ‘small, positive effect’ on Australian economy, Productivity Commission finds
by Patrick Commins Economics editor from on (#6YFZH)
Modelling finds Australia will experience a marginal impact from tariffs, while economists say it presents an opportunity
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Donald Trump's trade tariffs will have only a minor impact on our economy according to the Productivity Commission, as a leading economist said Australia was in the best position" in the world to withstand the surge in US protectionism.
The American president on Tuesday morning posted a series of letters which outlined individual countries' tariff rates that were close to previously announced levels, while extending the negotiation deadline from 9 July to 1 August.
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