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Assuming that global international trade sharply declines because of the trade war (in the forms of increases in tariff and other trade barriers such as

Assuming that global international trade sharply declines because of the "trade war" (in the forms of increases in tariff and other trade barriers such as import quota on both sides) between the U.S. and China, the U.S. and the European Union, and the U.S. and Japan. Everything being equal, explain the likely impact on the following:

Australian exporters such as a mining company who exports iron ore and coal to China and Japan.

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