Strap in for long trade war, CBA warns

Strap in for long trade war, CBA warns

Commonwealth Bank chief economist Luke Yeaman says the economic pain from Donald Trump’s trade disruption will not end soon.

This time Trump's trade war is much worse: Bank of China economist

In this briefing:Bank of China economist Guan Tao says Trump’s 2025 trade aggression could have dire impacts on the Chinese economy - a sentiment in sharp contrast to the sanguine confidence of the Communist Party’s official newspaper. Guan points out that the first round of tariffs in 2018 actually increased China’s trade surplus, as well as its dependence upon external demand sources. The 2025 tariffs are faster and larger in scale than the 20…