But Australia sees opportunity in the U.S.-China trade war

Asanka Brendon Ratnayake for The New York Times

• But Australia sees opportunity in the U.S.-China trade war

As China’s retaliatory taxes make American goods more expensive there, some Australian producers see an opening.

“Australia is one of the best-placed countries in the world to reap the gains of the trade war,” said one analyst. Above, a farm in Australia hoping to capitalize on the trade spat.

But there’s a big caveat: If the trade war ends up slowing China’s economy, Beijing could reduce its purchases of Australian natural resources.