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Getting along with China

Monday 20th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABDonald Trump said he was getting along with China, and he acknowledged his 100% tariff would not be sustainable. That suggests that a deal would be done at APEC, if not before. NAB’s Taylor Nugent says that provided some positive sentiment at the end of last week. Worries over regional US banks also eased on Friday.The likelihood that the US dollar will not fall quite as far as initially expected has caused the NAB FX team to revise their forecasts. Taylor talks Phil through the…

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