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Implications of Trump Tariffs on Australian Economy

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Added on  2022-12-05

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This report discusses the major implications of Trump tariffs on the Australian economy, focusing on the decline in GDP growth rate and the need for fiscal stimulus. It explores how the trade war between the US and China affects Australia's GDP. The report also highlights the impact of the tariffs on the Australian job market and the overall economic outlook.

Implications of Trump Tariffs on Australian Economy

   Added on 2022-12-05

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Economics
9/10/2019
Implications of Trump Tariffs on Australian Economy_1
Economics 1
Contents
Introduction......................................................................................................................................2
Trump tariffs....................................................................................................................................3
Implications for the Australian economy with regard to the Gross Domestic Product (GDP).......3
Decline in GDP growth rate........................................................................................................5
Cut Interest rate............................................................................................................................5
Different issues indirectly affects GDP.......................................................................................6
Conclusion.......................................................................................................................................7
References........................................................................................................................................8
Implications of Trump Tariffs on Australian Economy_2
Economics 2
Introduction
Trump tariffs are the series of the US tariffs that are imposed at time of presidency of Donald
trump, which is share of his American first economy policy that can decrease the US
employment shortage by shifting the American trade strategy from the basis of multilateral free
trade contracts to two-sided trade deals. The aim of the report is about major implications for
Australian economy in relation to Gross Domestic Product (GDP).
Implications of Trump Tariffs on Australian Economy_3

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