What do Trump’s tariffs imply for Australia’s property markets?

“The tariffs are going to have a deflationary affect [on Australia’s economy],” Gross instructed Australian Dealer. “First, some persons are going to lose contracts and lose jobs due to this, and that reduces incomes and pushes down inflation. And second, plenty of the tariffs may need a diversionary impact. If China cannot promote within the US market, they will concentrate on the Australian market. And that’ll imply cheaper items for us from each nation that is been hit, and which means each nation on this planet. So I think inflation goes to be on a decrease trajectory now, and that can give the RBA extra scope to chop rates of interest.