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New survey shows business outlook is weakening and uncertainty rising as the trade war bites

  • Written by John Simon, Adjunct Fellow in Economics, Macquarie University
New survey shows business outlook is weakening and uncertainty rising as the trade war bitesVivid Brands/Shutterstock

Uncertainty is everywhere these days.

There is even uncertainty about the uncertainty.

The Reserve Bank of Australia, for example, noted in the minutes from its April 1 meeting:

The most significant development in the period leading up to the meeting had been the significant rise in uncertainty about global trade policy,...

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