Australia’s Economy Has a Lot to Lose From U.S.-China Trade War
- Australia has long-standing security relationship with U.S.
- It’s also the most China-dependent economy in developed world
US-ASEAN Business Council Weighs in on U.S., China Trade War
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As the U.S. and China move toward an all out trade war, Australia finds itself between a rock and a hard place.
As a close ally of the U.S. and the most China-dependent economy in the developed world, the $1.3 trillion economy has a lot to lose as the world’s two biggest trading nations lock horns.