China is only the 19th largest exporter of steel products to the US, although president-elect Donald Trump intends to significantly increase steel tariffs. Vivek Dhar of the Commonwealth Bank says Trump’s protectionist policies are likely to prompt China to pursue stimulus measures, which would bolster Chinese steel-makers. However, this is unlikely to boost Chinese demand for Australian iron ore and coal. Dhar notes that iron ore exports to China have risen by about six per cent in 2016.
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