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AAP
AAP
Business
Abe Maddison

Australian firms 'upbeat' China can navigate trade war

China Australia Andrew Hauser United States RBA Reserve Bank Donald Trump Lukas Coch iron ore
Australian firms remain positive about trade with China despite US tariffs, the RBA deputy says. (Lukas Coch/AAP PHOTOS)

Australia should not "count China out" despite a tariff war, a Reserve Bank boss says, with demand for iron ore tipped to remain high.

Reflecting on a visit to China in April, RBA deputy governor Andrew Hauser says he encountered positivity from Australian companies despite Donald Trump having a week earlier announced he would impose tariffs of 145 per cent on the Asian giant.

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