An escalation of trade tariffs poses a big threat

You could argue that an escalation of global trade tariffs could actually benefit Australia and New Zealand in the near-term if it caused their currencies to weaken and led China to stimulate its own economy. But in the long-term, Australia and New Zealand are more exposed than most advanced economies to an increase in protectionism and a reversal of globalisation.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.