Trump Tariff Plans for China Won’t Be Disastrous for Australia, Experts Say

While U.S. tariffs on imports from China will cause problems for Beijing, the flow-on effect for Australia is not likely to be that great, according to experts.

Australian beef is seen at a supermarket in Beijing on May 12, 2020 Greg Baker/AFP via Getty Images

The second Trump presidency’s promise to slap tariffs as high as 60 percent on Chinese-made goods, and 10 to 20 percent on all other imported goods, has spurred discussion on the ramifications for Australia, which relies heavily on the China market.

Yet two analysts believe the situation may not be as dire as predicted by some media outlets.