Original article by Primrose Riordan
The Australian Financial Review – Page: 10 : 23-Nov-16
US President-elect Donald Trump has confirmed that withdrawing from the Trans-Pacific Partnership will be his first priority upon taking office. Australia’s Trade Minister Steve Ciobo is optimistic that the TPP can proceed without the US, arguing that the other participating nations could negotiate a new TPP deal that could include China or Indonesia. Meanwhile, economist Warwick McKibbin says Australia’s GDP could potentially fall by 5.6 per cent if the Trump administration starts a trade war with China.
CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, TRANS-PACIFIC PARTNERSHIP, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, JAPAN. OFFICE OF THE PRIME MINISTER, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, HSBC AUSTRALIA HOLDINGS PTY LTD