Australia is not immune from concerns about an impending financial crisis in Turkey, with the Australian dollar falling to an 18-month low against the US dollar on Monday.
Home Trendy News Australia could be collateral damage in Trump’s economic ‘war’ with Turkey
Australia could be collateral damage in Trump’s economic ‘war’ with Turkey ABC News – 13 Aug 2018 Australia is not immune from concerns about an impending financial crisis in Turkey , with the Australian dollar falling to an 18-month low against the US dollar on Monday.
Energy Australia’s boss Mark Collette speaks to Elysse. Australia could be collateral damage in Trump’s economic ‘war’ with Turkey . Turkey’s currency is doing so badly that the country’s
Australia is nothing more than collateral damage in Donald Trump’s war on trade, with the US president stopping at nothing on his way to getting what he wants, an economist has claimed.
The European Union, Turkey, Russia and India have also been dragged into Trump’s trade war with farmers becoming “collateral damage,” Reichert said, calling that damage “entirely
Trade experts speaking to CNBC have warned that Donald Trump’s tariff threats against China may end up boosting Beijing’s economic clout via its Belt and Road Initiative. Speaking to Sputnik, Dr. Yixiao Zhou, an economist who coauthored a study on the possible trade war between the US and China, explained its likely knock-on effects.
The Australian dollar could struggle if a few opening salvoes between Washington and Beijing turn into a China-US trade war, given the importance of China as an export destination for Australia.
Aug 15, 2018 · Watch video · The Trade War Is On: Timeline of How We Got Here and What’s Next. Australia and its currency have often been seen as a barometer for the global economy.
The Australian and Japanese currencies are set to become collateral damage in Trump’s Trade War March 28, 2018 0 A full-blown trade war between China and the United States has not yet broken out and may yet be avoided but there is a whiff of grapeshot in the air.
Aug 30, 2018 · The preliminary U.S. agreement with Mexico reached Aug. 27 improved the probability of avoiding a global trade war. It could be a step toward a still-free but fairer trade system if it is followed
Australia’s currency is under fire as the economy caps a 27th recession-free year amid accelerating growth, robust exports and the government eyeing its first budget surplus in a decade. Fear has become the main driver: China buys more than a third of Australia’s exports, equivalent to about 8 percent of gross domestic product.
Turkey Risks Escalate: What It Might Mean for Other Emerging Markets. August 14, 2018. Back in December, I flagged a number of downside risks that could derail U.S. economic performance if not carefully managed.Among the risks highlighted was the potential for unilateral actions on the part of the United States to threaten the multilateral trading system, and by extension, global growth.
Australia’s economy is at risk of becoming collateral damage in the escalating US-China trade war, economists warned, after President Donald Trump confirmed China would be punished by tariffs on