Sky News Business Editor Ross Greenwood says Donald Trump’s tariffs on China and its retaliation could trigger an economic downturn and even a “global recession”.

A panel of experts has told Sky News Australia many Australian industries could come out as winners from China and the United States trade war, as the world’s two largest economies look Down Under to fill gaps in their markets.

“Look closer at the detail, and you also see opportunity, and especially for Australia – the lucky country,” Mr Greenwood said.

source

49 COMMENTS

  1. Everyone in America is an immigrants so is Australian as well as Trump,he is so unwell !He knows no Americans wants to work in factories why this headline for what?You wants other countries to kiss your immigrant ass🐍

  10. I must admit ,
    Trump is doing a great job destroying Americans .
    The acute state of Destruction that Africans mostly Nigerians are being subjected to by Americans is mind blowing
    However, similar to what they sow they now must rip.
    Trump for Tunubu .
    America planted an Idiot at helms of Nigeria affairs so likewise they have a Mega Idiot at the helms of their affairs.
    Tat4Tat

  12. The times they are changing 😅
    Trump Mark One took millions of our farmers with his tariffs on China and his demand that China bought 50 million tonnes of American farm products.
    Trump Mark Two has shot himself in the foot 😅
    Now, our farmers have the upper hand, but should we trust China. After their resent tariffs against Australia. And an increase in exports would lead to an inflation of food prices here in Australia 🇦🇺 😢

  14. Mmmm…
    Mmm…
    Wow, kind of crazy, right?
    Deficit = Total Spending − Total Earnings

    Yet the U.S. President doesn’t seem to understand what a deficit is.

    Whenever the U.S. overspends and runs a deficit, the President blames other countries—claiming they’re 'cheating' and 'ripping off' America in trade."

    As U.S. economist Jeffrey Sachs illustrates:

    Donald Trump's deficit claim is like overspending on your credit cards, then blaming the stores for 'ripping you off.'"

    @#$$

    This is US President face looks like 🤑🤑🤑 and waiting…
    The leaders around the world to kiss US President🤑🤑🤑 Ass…
    😆😆😆
    $#@
    Western media, particularly US politicians and their media parrots use different words for the same thing…

    Exposing their narrative hypocrisy and double standards.

    For example:

    When America copied British machines in the 19th century..
    It was called 'industrial progress.'

    When China adapts and improves technologies today…

    It's labeled 'stealing.'"
    ***#@
    If Australia's adoption of Lee Kuan Yew's advice in the 1980s was 'policy innovation,' …
    Then China's reforms should be called 'Asian-style policy transfer'—the same action with different labels like 'copying' or 'stealing' reflects an unfair narrative
    @$$
    The POTUS/US Trump administration is blaming China for everything as follows:

    "When the POTUS/US Trump administration can’t shit itself, they blame the ground for being too hard."

    @#$&@@##&&@
    $&@#@
    😆😆😆

  20. I always wanted to try trading on my own, so I finally gave it a shot Even though the price swings had me <<totally confused. I watched tons of <YouTube videos, but it was still hard to make sense Of everything, and I ended up losin<g most of my trades.

  22. Everyone blames China for inflation, but the real story started decades ago. Clinton (mid-late ‘90s) pushed homeownership through HUD and relaxed lending. Bush (early 2000s) doubled down with his “ownership society.” But instead of equity, Wall Street gave us leverage. They monetized Section 8 rent inflation, fake comps, and Soviet-style subsidy stacking in places like Glendale, CA—turning it into mortgage-backed securities. That triggered the 2008 housing crash.

    But here’s what gets left out: the auto market was doing the same thing. Dealerships padded MSRPs to offset first-year depreciation on luxury cars. Then they leased them to businesses as tax write-offs, covering the loss. After 3 years, those same cars were resold as “certified pre-owned,” often at original prices, just with added service packages and financing. Like housing, the cars were sold twice—leveraged both times.

    2008 wasn’t just a housing crash—it was a full-spectrum asset pump. Both markets exploited fake values, sold the illusion of ownership, and then dumped the losses on consumers while keeping the revenue streams on the books. Wall Street loved it. And now we’re in a trade war because Trump either doesn’t see it—or is trying to cover it up.

  27. Well, Australia exports to China goods worth 218 billion dollars which represents about 32.6% of their total exports.
    China is Australia's biggest market.
    On the other hand, Australia only exports goods worth 33 billion to the USA, amd not to forget that USA has already tariffed Australia.

    So when i see this news channel talking rubbish and licking Trump's **s i fail to understand the bigotry and tye stupidity witthin these journalists.

  28. TRUMP IS OUR CHAMPION!!! The phrase "someone has to put the bell on the cat's collar" refers to the idiom "Belling the Cat," which means attempting or agreeing to perform an impossibly difficult task. The fable involves mice discussing how to defend themselves against a cat, and one suggests placing a bell on the cat's neck to warn them of its approach. However, they realize that no mouse is brave enough to actually put the bell on the cat. The idiom highlights the difference between proposing an idea and actually making it feasible. Singapore🇸🇬was a slum BUT thanks 🙏 to free trade and globalisation became very wealthy country. USA🇺🇸was a very rich country THANKS to the European WW2 we had to rebuild the world economy. Thanks to globalisation 7.1million Americans are unemployed now!! !!!

  31. It's good for everyone. The entire world is decoupling from China. There will be a lot of business moving out of China. They are going back to being a country of poor rice farmers riding bicycles😂

  32. The poor lunatic incompetent comedian childish current fake USA president wish happy Easter to those who voted a disgraceful mental disturbed old convicted criminal
    Who continue to be jealous of the real president Joe Biden
    The only normal politician over 50 years of honest professional job and his loved wife Jill beside him all the time
    The best normal president America had there won’t be one same never
    Happy Easter president Joe Biden 💙💙💙💙💙💪💙💙💙✊✊💙💪respected by the world leaders and all

  36. Politicians in America on Foreign Policies are not smart. Never were! Too often they have their penis in front of their brain. Foreign Ministers know how to get what they want because of that weakness. China for thousands of year learned patience to wait out their adversaries.
    Trump has no clue what Xi is thinking.
    Beware Of Darkness

  37. The biggest opportunity afforded to Australians by the Trump tariffs is the loss of superannuation. Check your account mates , just to see how much you have lost and report back to the Sky News Trump fan club!

  41. Australia needs to use more aud cash to buy for things but seek alternative payment metric system like not use Visa MasterCard because it automatically converts transaction in to USD even though no greenback was used more circulation used more higher but when trade with China and India or korea government can make them use AUD payment on certain goods like high consumption items but than use Chinese or Korean japan currency to pay in another items when currency is stronger against that country own currency
    Australia is far more better quality products and trading with Asians is quicker and cheaper because Australia is in the Asian Pacific

  49. The hubris of Trump thinking that China needs the US and will kiss his arse to get a reduction in tariffs is startling. China is the number one production, manufacturing and exporting country to the world. Responsible for a third of the world's and Australia's economic growth. China wants to buy $US two Trillion worth of goods this year. Who in their right mind would want to disrupt that??

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