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

  • Auli@lemmy.caEnglish
    1·
    1 month ago

    So which is it not doing anything because they basically do no trading with America or it we’ll destroy their economy?

    • NimdaQA@lemmy.worldBanned from community
      2·
      1 month 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.