Information for advice professionals only.
The US import tariffs shook the world economy. Most countries responded calmly, but China retaliated starting tit-for-tat tariff increases. While the situation remains fluid, emerging economic data supports our opinion that the US is most at risk from its own measures. Financial markets held a similar view beginning to question the US’s ‘safe haven’ status. Australia is not immune to global risks, but its small trade exposure to the US leaves it in a relatively good position. In this update, we explore how Australia and other major economies looked before the tariff shock and share some views how they are likely to perform going forward
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The views expressed in this webinars are those of the presenters alone unless otherwise quoted, and do not reflect the views or policy of any company in the Westpac Group. The webinar is for adviser use only. They must not be made available to any retail client and any information in them must not be communicated to any retail client or attributed to any entity in the Westpac Group. The information in these webinars is provided solely as general information. The webinar recordings are being shared with the prior written consent of our industry partners.