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

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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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