The trade war is back – what went wrong, what it means for share markets and Australia

The trade war is back – what went wrong, what it means for share markets and Australia   Key points   Consumer expectations of instant gratification are driving down delivery times   Labour shortages and traffic congestion highlight the criticality of well-located logistics facilities The trade war between the US and China has returned after talks to resolve their trade differences broke down. Our base case remains that a deal will be reached to resolve …

Trade war risks are escalating – but a negotiated solution remains most likely

Trade war risks are escalating – but a negotiated solution remains most likely Key Points US actions in recent weeks have increased the risk of a full-blown trade war – primarily between the US and China – with a more significant economic impact. So far the bulk of the tariffs are just proposed so there is still room for a negotiated solution (which remains our base case with a 55% probability). But there is now …