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AAP
AAP
Derek Rose

Experts weigh impact of Trump on Australian economy

Experts are weighing up the pros and cons of a Trump presidency for the Australian econony. (Albert Perez/AAP PHOTOS)

As Donald Trump prepares to retake the US presidency, experts are cautioning his policies could damage the economy of Australia's biggest trading partner and drive up borrowing costs - though there might also be benefits.

Analysts don't expect Australia to be directly impacted by one of Mr Trump's signature issues - tariffs - but that doesn't mean their fallout won't be felt.

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