Dr O’Brien said an FTA with the USA was close to resolution recently but fell apart because the US wanted blanket access to swamp our TV and cinema with content, which would probably have eliminated Australian content on our screens.
He also talked about exchange rate changes and how US imposed tariffs affected trade. In Australia, the recently lower Australian dollar against the US dollar, meant that exports from here were cheaper and imports more expensive.
In particular it makes education less expensive for overseas students.
David Palmer