Market uncertainty created by Trump worse than his 10% tariff on Australian exports, say analysts

Despite a more conciliatory tone with China, experts say there will be no immediate end to unpredictable US trade policy

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Easing tensions between the US and China on trade is good news for Australia’s China-dependent economy, experts say, but they warn market uncertainty created by Donald Trump is “worse than the 10% tariff”.

After promising to “tariff the hell” out of China, Trump reverted to a much more conciliatory tone this week, saying “we’re not looking to hurt China” and that the agreement represented a “total reset”.

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