Policy Recommendation-Policy change because of Sino-Australian Trade War

Description

Provide two option for the Australian government for the Sino-Australian Trade War (Just Briefly outline): 1. Negotiate with the Chinese government, aim to decrease or eliminate the tariff and continue to trade under China’s rules. 2. Strongly recommended- Enhance alliance with the Quad nations. Also developed new trade partner, giving up ChaAFTA, maybe signing up FTA with Taiwan or the EU. The policy recommendation will need to consider the following in both the briefing itself and recommendations:  – Briefly outline current policy and rationale behind it;  – Clearly outline change and rationale;  – Detail other key players and their likely reactions; – Detail like-minded states in the international system with whom the country concerned could potentially build a coalition;  – Outline domestic implications (eg costs); – Note key domestic state-holders and their concerns. Please follow the Criteria sheet and the example, also the Instructions. Make sure to score high on this one. Moreover, please give subtitles to every section.