Trade
RBA is wrong to rule out retaliation against Donald Trump's tariffs
Geoff WinestockEditorial writerUpdated
Reserve Bank governor Phil Lowe is a great macroeconomist but he seems to be pretty ignorant about the world trading system.
He told the Australian Financial Review Business Summit that confronted by Donald Trump's steel and aluminum tariffs, the best response is to "sit and do nothing."
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Geoff Winestock writes on News specialising in Politics, Economy, Policy. Connect with Geoff on Facebook and Twitter. Email Geoff at gwinestock@smh.com.au
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