theguardian.com
Trump's Policies Threaten Australia's Economic Success
Trump's protectionist policies and climate change stance threaten Australia's economic success. The article suggests counter-strategies.
English
United Kingdom
PoliticsUs PoliticsClimate ChangeTradeInternational TradeEconomicsClimateGlobal
United StatesChinaAustralian Government
Donald TrumpJoe Biden
- What is the most effective response to increased US protectionism?
- The most constructive response to increased US protectionism is for other countries to further liberalize trade to offset the negative impacts.
- How does Trump's return to power threaten Australia's economic success?
- The Australian economy's success, built on open international exchange, is threatened by Trump's protectionist policies, higher global interest rates, and increased inflation.
- What are Australia's primary trade concerns in relation to the US's actions?
- Australia's main trade concerns stem from indirect damage caused by slower growth in China and other Asian partners due to the US's protectionist measures.
- What are the long-term implications of US withdrawal from international cooperation?
- The US withdrawal from international cooperation will diminish its global influence, while steady trade and climate policies by other nations can hasten the US's return to cooperation.
- What strategy is advisable regarding climate change in response to potential US withdrawal from international agreements?
- On climate change, the best response is for the rest of the world to maintain its progress while the US retreats; state and city actions, and economic interests, may counter Trump's policies.