Reported 1 day ago
Australia has recorded its best export performance to the United States, achieving a trade surplus of A$4.1 billion in the first quarter of 2025, largely driven by a surge in gold exports amidst President Trump's tariff policies. Gold exports rose dramatically as U.S. buyers sought to stock up on gold amid market uncertainty, which contributed to Australia's overall goods surplus of A$6.9 billion in March, surpassing market expectations.
Source: YAHOO