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Comment on trump puts 25% tariffs on Aussie steel and aluminium

I remember reading that the government was hoping that because we run a trade deficit with the yanks they wouldn’t do this. Look forward to that just being the assumption and the government having done 0 planning.

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stib@aus.social ⁨1⁩ ⁨day⁩ ago
@spiffmeister
Didn't we just hand over $800,000,000 for those used submarines we bought on gumtree? I'm sure the yanks are good for it, they said they were our mates, right?
@TheCriticalMember
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- TheCriticalMember@aussie.zone ⁨1⁩ ⁨day⁩ ago
  The United states can’t be trusted as a trading partner anymore. trump doesn’t even honour his own deals.
  
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Eyekaytee@aussie.zone ⁨1⁩ ⁨day⁩ ago
What can you really do to prepare for something like this? Specifically against the US which is:

Iron Ore to China: China was the dominant market for Australian iron ore, accounting for around 85% of exports. This amounted to approximately AU$115 billion in value in 2023, with over 736 million tonnes shipped in 2022

vs

Steel to America: United States: Exports of steel to the U.S. were much higher, totaling US$237.51 million in 2023. Key products included flat-rolled and semi-finished steel2.

perplexity.ai/…/how-much-iron-ore-and-steel-do-5b…

I’d like to know more about just how big our steel industry is apart of the exports pie especially compared to iron ore

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- kudra@sh.itjust.works ⁨1⁩ ⁨day⁩ ago
  It might be small biccies compared to iron ore to China, but the optics are really bad, and when Australia is included in the tariffs, then psychologically we are siding with Everyone Else in this new US vs Democracy fight. Because that’s what the US (tech bros, who are now in charge) are orchestrating: a direct attack on democracy.
  
  So yes, the numbers are small compared to other countries, but the attack is ideological, and real.
  
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