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China tariffs offset by rising Australian iron ore prices due to ‘fear tax’ – The Guardian

Boosted iron ore prices due to anxious markets are likely to help federal budget’s bottom line, Deloitte says

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Australian foreign policyBoosted iron ore prices due to anxious markets are likely to help federal budgets bottom line, Deloitte says
Australias losses from trade tensions with China are being offset by rising iron ore prices, according to new analysis, which also predicts the Morrison government will announce a smaller budget deficit than originally forecast.
Deloitte Access Economics said Chinese government moves against wine, beef, barley, lobsters and thermal coal have cost Australia money but…

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