Australia ponders the collateral damage from Trump’s trade war
ANALYSIS: Australia might be spared direct tariffs in any trade war, but it won't escape from its impact.
WATCH: NBR senior journalist Lachlan Colquhoun speaks with Will Mace.
About A$50 billion ($55b) was wiped off the Australian sharemarket in one day as key mining stocks slumped, the currency fell to four-year lows, and there’s a big question mark hanging over monetary policy, retirement savings, and the trajectory of asset prices.
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