Originally Posted by Jayceef1:
“Yet Australia with a population of 23 million managed to get a deal with the USA in 15 months. Go figure.”
There was considerable opposition to that arrangement within Australia because it was seen to benefit primarily the U.S. As I said, getting a free agreement is not difficult as long as the junior partner is willing to make concessions to the senior partner.
Also, Australian exports are based primarily on agricultural goods and raw materials, making it a very different case than the UK. But even with that in mind:
"Estimates also suggest trade between Australia and the United States fell in association with the implementation of AUSFTA - also after controlling for country-specific factors.[20] Shiro Armstrong also concludes Australia and the United States reduced their trade with the rest of the world by US$53 billion and are worse off than they would have been without the agreement.[21]"
(Studies cited on Wikipedia)