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China preparing for potential ‘trade conflict’ with Donald Trump
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Former Australian ambassador to the United States Arthur Sinodinos has delved into how US President-elect Donald Trump’s tariffs will affect the world.
Mr Sinodinos said if China’s growth is affected by higher US tariffs it will flow on to Australia.
“It may be that President Trump is just using the threat of higher tariffs to get a concession from others, particularly the Chinese,” Mr Sinodinos told Sky News Australia.
“The Chinese have shown the other day, they’ve just put together a very big stimulus package for their economy, that they’re getting ready for a potential trade conflict with President Trump.”
Mr Sinodinos said if China’s growth is affected by higher US tariffs it will flow on to Australia.
“It may be that President Trump is just using the threat of higher tariffs to get a concession from others, particularly the Chinese,” Mr Sinodinos told Sky News Australia.
“The Chinese have shown the other day, they’ve just put together a very big stimulus package for their economy, that they’re getting ready for a potential trade conflict with President Trump.”
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