Iron ore billionaire Andrew Forrest believes China is robust enough to withstand US President Donald Trump’s tariff barrage and does not expect Beijing to overreact to the shake-up of the global economy it has triggered.
The Fortescue Metals Group executive chairman also questioned Trump’s business and political acumen, saying it was doubtful the president will be able to engineer a compelling economic narrative for Americans that atones for the damage he’s inflicted on international markets.