[Tree] Impact of US tariff hikes on economy and trade

Version 0.06 (2024-11-05 04:40:35.377000)

updates: Citi predicts GDP loss from tariff hikes; Trump advocates tariffs.

Version 0.05 (2024-06-14 21:54:08.109000)

updates: Discussion of the proposal for a US capital inflow tax to reduce the trade deficit

Version 0.04 (2024-05-20 01:52:04.591000)

updates: Incorporated insights from Robert Lighthizer on the US current account deficit and the role of tariffs and subsidies. Highlighted the need to increase domestic savings relative to consumption to reduce the US current account deficit. Added information on Australia's approach to addressing a persistent current account deficit through reducing the government budget deficit and increasing productivity through liberalization.

Version 0.03 (2024-03-16 04:17:25.708000)

updates: Incorporated information about the 'twin deficits' in the American economy and their implications for the American way of life

Version 0.02 (2024-02-23 15:16:28.235000)

updates: Integrates analysis on the global trading system and trade intervention

Version 0.01 (2023-11-30 15:38:43.854000)

updates: Inclusion of analysis on the US trade deficit in 2024

Version 0.0 (2023-11-07 14:23:28.755000)

updates: