Australia Notches a Win Amid Trump Tariffs on Gold, Beef Exports

Australia Notches a Win Amid Trump Tariffs on Gold, Beef Exports



Australia Notches a Win Amid Trump Tariffs on Gold, Beef Exports

Australia is emerging as a quiet winner amid the Trump administration’s tariff campaign as surging gold and beef exportsBloomberg Terminal improve its trade balance with the US.

The mining-rich nation narrowed its trade deficit with the US to the lowest in 21 years, according to Bloomberg Economics, as gold exports jumped almost 10-fold over the 12 months through September while beef shipments climbed 47% in the same period.


www.bloomberg.com
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