The so-called ‘Liberation Day’ announcements played out like a reality TV cliffhanger. What might the next ‘episode’ have in store for the rest of the world?
- Professor of Law, UNSW
The tariffs pose a fundamental challenge to Australia’s trade strategy in a protectionist world.
Trade can be weaponised by governments in various ways. The biggest casualties, however, are often our wallets.
A formal resolution off Australia’s complaint about Chinese barley tariffs will likely take years. But at least it starts a structured process for dialogue.
A Biden presidency promises a return to multilateral trade agreements. But it remains to be seen how it approaches the World Trade Organisation.
The World Trade Organization will lose its teeth from midnight. We are entering a world with unenforceable rules.
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