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politics @lemmy.worldEnglish · 1 year 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 year ago

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NimdaQA@lemmy.worldBanned from community
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1 year 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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