Australia weighs in on US-China currency row and trade war, calling for ‘cool heads to prevail’

//Australia weighs in on US-China currency row and trade war, calling for ‘cool heads to prevail’

Australia weighs in on US-China currency row and trade war, calling for ‘cool heads to prevail’

Australia has called on the US and China to negotiate a resolution to their economic conflict, with Treasurer Josh Frydenberg describing the introduction of currencies into the dispute as an “unwanted escalation”.In a television interview on Wednesday, Frydenberg avoided answering a question on whether the US was right to brand China a currency manipulator.“It’s not for Australia to say which side is right and which side is wrong,” he said. “What Australia wants is for the international rules…

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By | 2019-08-07T05:08:47+00:00 August 7th, 2019|Headlines|Comments Off on Australia weighs in on US-China currency row and trade war, calling for ‘cool heads to prevail’