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How this $115b ASX giant plans to win from both sides of the trade war

On the front line of the tit-for-tat tariff fight between the US and China, Australian companies are trying to find a way to play both sides.

Paul McKenzie is convinced his $US3 billion ($4.8 billion) insurance policy is about to pay off.

Before McKenzie became chief executive of the $115 billion biotechnology giant CSL in March 2023, he spent almost four years as chief operating officer, a good chunk of which was spent helping the company navigate the supply chain problems created by the pandemic.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/how-this-115b-asx-giant-plans-to-win-from-both-sides-of-the-trade-war-20250414-p5lrm6