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AAP
AAP
Poppy Johnston

NAB boss flags trade war risk as annual profit dips

The head of NAB is concerned about the prospect of a US-China trade war under Donald Trump. (Darren England/AAP PHOTOS)

The head of Australia's biggest business bank is alert to the risks of a weaker Chinese economy following the US presidential election, after Donald Trump threatened to impose hefty tariffs.

But while a second Trump presidency posed risks there were also opportunities, National Australia Bank CEO Andrew Irvine said after announcing the entity's full-year results, which reflected a fall in cash profit.

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