An expected influx of Chinese goods into Australia from the damaging trade war between Beijing and Washington may arrive with steeper price tags for consumers, complicating the Reserve Bank’s task of containing inflation, one economist has warned.
While many pundits expect Australia to benefit from an inflow of discounted Chinese goods displaced by US President Donald Trump’s trade barriers, Barrenjoey chief rate strategist Andrew Lilley says the opposite is more likely.
Source: https://www.afr.com/markets/debt-markets/how-an-influx-of-chinese-goods-to-australia-could-impact-rate-cuts-20250501-p5lvpb