πŸ“° News Alert...

πŸ”– Title: Australian Exports Face $27 Billion Downturn Amid US-China Trade War

πŸ—“οΈ Published: 2025-06-29T19:00:00.000Z

πŸ“„ Summary: Australia is confronting a potential $27 billion drop in income from its two largest export sectors due to the ongoing US-China trade war. The escalating tariff conflict has severely curtailed demand, placing significant strain on the nation’s economy and export revenues. This development highlights the broader impacts of international trade tensions on Australia's financial stability and export-dependent industries.

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https://www.smh.com.au/business/the-economy/australian-exports-to-tumble-30b-as-trump-s-tariff-war-hits-home-20250627-p5mavn.html?ref=rss&utm_medium=rss&utm_source=rss_business

πŸ—žοΈ Source: Nick Toscano

πŸ’“ #TradeWar #AustralianEconomy #ExportChallenges

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