Professor Tim Harcourt discusses trade agreement benefits, investment, and defence at UTS
Australia and Europe have just sealed a $10 billion free trade agreement, promising to reshape investment, defence, and bilateral relations. We explore who benefits, who might lose, and what it means for the global trade landscape.
Professor Tim Harcourt of UTS and former Chief Economist of Austrade breaks down the deal’s key impacts on business and defence. We dive into the winners and losers, and why investment is a critical part of this agreement.
From counteracting tariffs imposed by the US and China to bolstering domestic industries, this deal could signal a renewed commitment to open trade.
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