A piece in today's Australian Financial Review on Australia not joining in on Trump's trade attack on China.

Trade Minister Don Farrell spoke in an interview with the AFR (gated):

reluctant to be part of a US campaign against China on trade, given that Australian exports to China are worth almost 10 times that to the US

  • “China is our largest trading partner. Chinese trade is almost 10 times more valuable to Australia”
  • We don’t want to do less business with China, we want to do more business with China.
  • We’ll make decisions about how we continue to engage with China based on our national interests and not on what the Americans may or may not want.”

The AFR is gated, here is the link if you can access it for much more.

Australia kangaroo
Source: Forex Live