Monday 18th June 2018

Trade talks between the US and China took a turn for the worse at the end of last week, with the Trump administration issuing a list of $50 billion worth of products that would be hit with a 25 percent tariff. China reacted, promising the same magnitude of tariffs against the US. In today’s podcast Phil Dobbie talks to NAB’s Ray Attrill about the likely market reaction to the situation today and, in particular, what are the consequences for Australia?