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The Times

An all-out trade war with China would cost Australia 6% of GDP

  • Written by Rod Tyers, Winthrop Professor of Economics, University of Western Australia
An all-out trade war with China would cost Australia 6% of GDPIron ore mining, Pilbara Western Australia. STRINGER Image/Shutterstock

China accounts for more than a third of export dollars earned by Australia.

The figures, for the 12 months to October, cover the period of coronavirus disruptions and disputes over trade.

They apply to physical exports rather than harder to measure services, and are dominated...

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