Move over Canada and EU, Australia is best placed to benefit in the US-China trade tug-of-war

Australia is one of the best placed countries in the world to reap the gains of the likely trade diversions. For example, Australian beef producers will be much more competitive in exporting to China as their American competitors have to grapple with the 25% tariff on their beef. On the other side, as China raises tariffs on soybeans, Australia could buy this product more cheaply from US farmers keen to find new distribution channels.

via Move over Canada and EU, Australia is best placed to benefit in the US-China trade tug-of-war