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US-China trade war hits Australian stock market

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Economists say a reluctant Canberra may need to spend cash to get Australia moving after benchmark ASX200 index drops more than 2.2%

An escalating trade war between the US and China has pushed the Australian stock market down for the fifth day in a row, with the benchmark ASX200 index dropping more than 2.2% by lunchtime on Tuesday.

 

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