Original article by Geoff Winestock
The Australian Financial Review – Page: B9 : 9-May-18
The Treasury has noted in the May 2018 Budget papers that changes to trade policies in a country like the US could have a significant impact on many other economies around the world. Its view of the global economy is generally positive, but contends that the consequences of President Donald Trump’s tariff policies could impact negatively on its outlook. In commenting on trade policy changes, Treasury noted that many components in goods exported from countries like the US and Japan have been imported from other nations.
AUSTRALIA. DEPT OF THE TREASURY, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, WORLD TRADE ORGANIZATION