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Why Australia’s well placed to weather Trump’s economic self-harm

  • Australia's economy is expected to be less affected by chaos stemming from the U.S., with its dollar declining but making exports more competitive.
  • The Reserve Bank of Australia is likely to implement four interest rate cuts this year.
  • Australia's economy remains insulated because China is its largest trading partner, and a declining Australian dollar boosts exports.
  • Predictions suggest four interest rate cuts in Australia this year, as the economic impact of Trump's actions increases.
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News broke the news in on Saturday, April 12, 2025.
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