A border adjustment tax would raise government revenue and boost jobs in export-driven industries, which tend to concentrate in the embattled manufacturing sector.
America first, but at what cost?
Trump paper via www.shutterstock.com
Trump’s ‘America first’ rhetoric implies that the internationalism and ‘enlightened self-interest’ that built the postwar order was a big mistake. The evidence and basic economics disagree.
The Trump administration may prove to be a turning point for US-Australian relations.
Reuters/Kevin Lamarque
Policymakers need to think outside the narrow confines of what has been regarded as “America first” policy postures that have dictated Australia’s foreign policy choices.
Donald Trump celebrates after delivering his inaugural speech.
Reuters
While Trump’s more extreme campaign promises may not eventuate, substantive changes in how the US engages with the world on environmental, and many other, issues are likely.
The new head of the Business Council of Australia, Grant King, needs to change his tune to remain relevant.
Richard Wainwright/AAP
The new president of the Business Council of Australia Grant King will need to change his message on company tax and other issues to really remain relevant.
The Modi government is getting rid of RS500 and RS1,000 notes to try and combat the black market and corruption.
STR/EPA
Business Briefing: Former chief World Bank economist on inequality and doing away with big money
The Conversation22.3 MB(download)
A former chief economist to the World Bank and economic adviser to the Indian government says doing away with big currency notes is a noble idea but an ineffective tool.
Trump must know low-tech manufacturing jobs are not coming back to America.
Aly Song/Reuters
Many of the US’s current and mooted free trade negotiations are now dead in the water, but that doesn’t mean it’s game over for free trade.
Those who are most likely to be interested in protectionism and curbing immigration are not necessarily the ones who are most vulnerable economically.
Carlo Allegri/Reuters
In 1872, free traders split with the young Republican Party, ran a third-party candidate against Ulysses S. Grant and sparked 100 years of GOP protectionism. Is history repeating itself?
Could protectionism make America great again? Trump thinks so.
Reuters
A President Trump or Sanders would be likely to pursue protectionist trade policies such as higher tariffs. History suggests such policies could lead to a trade war, with painful consequences.
The leading Republican candidate may seem out of step with his party’s platform when he lambasts free trade, but in fact the GOP has promoted protectionism for most of its history.
Both the Labor and Liberals see infrastructure as a crucial economic driver; but Chinese investment in this area has been politicised.
AAP
Tony Abbott wants to be known as the infrastructure prime minister. He could be remembered for building roads and scrapping high-speed rail. But the role of Chinese finance and technical expertise in infrastructure…
Tony Abbott finds himself caught between competing interests on his foreign investment policy.
AAP Image/Mick Tsikas
Foreign investment, like any other policy, is a complex juggling act. A balance between welcoming foreign investment – without which Australia cannot survive – and protecting Australian interests in not…
Senator Xenophon’s proposals for the Qantas Sale Act won’t fly with Qantas CEO Alan Joyce, who says the effects could be detrimental for the beleaguered airline.
AAP
Senator Nick Xenophon’s call for change to the Qantas Sale Act has made headlines across the world this week. He has challenged the Senate committee to support amendments to the Act that would require…