Reported at johnmenadue.com: Renewed tensions between the US and China, driven by tariffs and sanctions under the Trump administration, pose challenges for Australia’s economy, heavily reliant on Chinese trade.

The potential for increased decoupling from China, encouraged by US policy shifts, risks inflating costs for Australian consumers and diminishing economic stability and growth.

Despite previous disruptions, Australia managed to redirect some coal exports, but its primary commodity, iron ore, remains predominantly dependent on China, accounting for 83% of its exports in 2022.