Friday 28th February 2025
Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.
The consequences of President Trump’s policies are being felt far and wide. The US now has a transactional based approach, even with its allies on areas such as defence which were considered shared values. So, what are the repercussions for Australia? Phil talks to Dr John Kunkel, senor economics adviser at the United States Studies Centre at the University of Sydney.
He suggests that, whilst some of the approaches are questionable, Australia should continue to engage and, more than most, is well placed to take advantage of US growth. And if Australia has to spend more, for example, on defence, it is simply a reflection on how ill-prepared we have been in the past.
","author_name":"Phil Dobbie"}