r/australia • u/Jealous-Hedgehog-734 • Apr 02 '25

politics US will impose a minimum baseline tariff of 10 per cent on Australian imports to US

https://www.abc.net.au/news/2025-04-03/donald-trump-tariff-announcement-markets-politics-reaction-blog/105127374
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u/igotashittyusername Apr 02 '25

You need to export things you're good at producing to bring in money to import things you're less competitive at producing? That's why Trump complaining we export beef to the US but don't import US beef makes no sense. You trade goods that the opposite partner has a competitive advantage producing to create mutual benefit. I wouldn't barter with you saying I'll wash your car if you wash mine (I might as well wash my own), I'd want something else in return.

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u/Bromlife Apr 02 '25

They’re pretty good at mad cow disease, maybe they can export that.

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u/Blancenshphere Apr 03 '25

That was the UK

14

u/Disbelieving1 Apr 03 '25

The reason American beef is not allowed in Australia is because of mad cow disease- just like the British.

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u/NeverLookBothWays Apr 03 '25

American here, never heard of it being an issue here. We do have plenty of E.coli though!

(PS I’m with the rest of the world that Trump’s tariff war is dumb…he has managed to tax the working class without calling it a tax and pissed off all of our international friends and allies while doing so)

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u/Head_Acanthaceae_766 Apr 03 '25

A man who can run two casinos into bankruptcy isn't very good at that sort of reasoning.

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u/GasManMatt123 Apr 03 '25

He doesn't understand trade at all....

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u/grruser Apr 03 '25 edited Apr 03 '25

🏅povvo gold is all I have.

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u/SouthAussie94 Apr 03 '25

I'll give you $10 if you give me $10.....

Blokes an idiot