How's Australia being affected by China-U.S. trade war?
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China is Australia's largest trading partner. According to official statistics, China remained Australia's top export destination last year with a total trade volume of over 120 billion U.S. dollars. The U.S. ranked fourth at over 20 billion U.S. dollars. China also topped the list of Australia's imports, while the U.S. ranked second. Both the U.S. and China are Australia's crucial trading partners. So, how's Australia being affected by the trade war?