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Australia to propose free trade with U.S.

WASHINGTON—The prime minister of Australia will propose a free-trade agreement with the United States when he meets with President George W. Bush on Sept. 10. The U.S. exports telecommunications and information technology equipment to Australia, which is the United States’ second-largest trading partner after Japan.
John Howard said a FTA with the United States could be difficult to negotiate. The Australian government is expected to ask to lower most tariffs to zero.
A report released by the Australian government said both the United States and Australian economics could expand by $4 billion with an agreement.

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