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politics @lemmy.worldEnglish · 1 day ago

Australia won’t retaliate against ‘unjustified’ US tariffs on steel and aluminum

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Australia won’t retaliate against ‘unjustified’ US tariffs on steel and aluminum

BedSharkPal@lemmy.ca to

politics @lemmy.worldEnglish · 1 day ago

Australia won't retaliate against 'unjustified' US tariffs on steel and aluminum

Australian Prime Minister Anthony Albanese says U.S. tariffs on Australian steel and aluminum are unjustified, but his government will not retaliate with its own tariffs.

Yeah, fuck this guy.

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NimdaQA@lemmy.world
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1 day ago
Not mutually exclusive.

Australia has a trade deficit with America.

American tariffs impact Australia’s exports to America which frankly aren’t much.

If Australia retaliates, this would impact America’s exports to Australia which would be far more economically damaging.

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