But our fixation on Trump’s America is not matched by our trade with the US.

Throughout the 1980s and much of the 1990s, the US consistently purchased more than 10 per cent of Australia’s exports, but that share has declined steadily since the turn of the century.

In 2015, the year before President Trump was elected, America accounted for 7 per cent of our exports, but that share has fallen to 5.3 per cent, the latest figures show.

While the US remains Australia’s biggest source of foreign investment, it’s now our fourth largest export market, behind South Korea and just above India.

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