Donald Trump was right about the wrong aspect of a trade war, and Australia will take it
China trying to punish Australia with commodity import bans has backfired, proving the country that launches a trade war tends to be the loser
27 January 2021 - 16:46
Launceston — China is paying a heavy toll for its efforts to punish Australia by banning or restricting certain commodity imports; conversely, Australia seems to have avoided any serious financial ramifications so far.
It is perhaps surprising that the authorities in Beijing, having witnessed how the trade war launched by former US president Donald Trump backfired on his own country, would be keen to try the same thing on Australia...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.