Australia’s top 3 export markets are China, South Korea and Japan. If they put retaliatory tariffs on the US we could pick up extra business as we will have a price advantage. When the US duped our old conservative PM, Scummo, into pissing of China they put up trade barriers and our “mates” including Canada, NZ and USA all gained at our expense. It’s nothing personal.
We don’t export much to the US and 10% is as low as it goes. It’s a tax on US consumers.
Barbarian@sh.itjust.works 1 day ago
My unfounded guess is that they sell products that normally compete with a soon to be crippled US market, so their products can fill the void. Think car sales from China to the EU after the tarrifs cripple manufacturing, for example.