Heyyyyyy welcome to the "being threatened by the USA because Trump felt like it" club!
-EU + Denmark, Canada, Mexico, Colombia, Panama.
this post was submitted on 10 Feb 2025
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To be fair, US companies also are included in this. Literally anyone who goes against Trump gets threatened.
Oh please Albanese, put a 50% tariff on American cars.
We’re talking about Albo here, he’ll apologise and ask if Trump can double it.
Dutton would offer the country to be annexed mind you.
Even the "polite" Canadians fought back - and won. Everyone would when it's the economy at stake.
Still, no way he's touching truck prices.
Just American ones. There are multiple non us alternatives.
I suspect these announcements by Trump are nothing but stock market scams with a whole bunch of insider trading going on.
Trump removed tariffs from Mexico and Canada after a few days. We'll see what happens with this
He removed them for nothing. He was tricked. Both Canada and Mexico agreed to do things they were already going to do and Trump folded.
there were stock market movements based on what Trump said
people who have insider knowledge would be able to make a lot of money on that
they were not removed, they were paused for 30 days, let's check back in 3 weeks, eh?
He's put back the 25% tariffs on Canadian steel
Yeah but that's all we have lol
I guess trump doesn't want our rare earths. Us and China hold a duopoly so good luck.
Unless China gets control of our mining companies and then we lose that strategic advantage.
You know that despite how everything panned out out in Canada. Albo is going to immediately fold and spend his final days in office grovelling.
Dutton will suck the orange right off Trumps cock.
Of course but in the meantime he will hypocritically anyone who’ll listen how pisspoor Albo is
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.
@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
The United states can't be trusted as a trading partner anymore. trump doesn't even honour his own deals.
there was absolutely no planning any country can do to survive an insane trade war with the united states. nothing. there's no other trading partners that can take the exports in the volume every country trades with the US, without taking devastating hits to their own economies, which would see recession and depressions on a scale never experienced before in the modern world.
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.
https://www.perplexity.ai/search/how-much-iron-ore-and-steel-do-5bWZvTZeRqSNQSlFbu1MBg
I'd like to know more about just how big our steel industry is apart of the exports pie especially compared to iron ore but I suspect we may be blowing this tariff out of proportion
I hope we respond by putting tariffs on American pickups.
I kinda don't want this. Because I want those yank tanks taxed and/or regulated regardless, because it's the right thing to do, and I don't want progress towards that to be undermined by being seen to get caught up in a bullshit trade war.
I'd actually request more weirdness in future, please.
I'll see what I can do! 😉
ummmmm, there's a reason people, companies, and nations want to trade with the united states, it's because they have the largest economy, with the richest per capital spending power of any place in the world, with 342 million people. no one is "cutting the us out of the global economy" not even countries that trump is about to punish with economy wrecking tariffs, he'll just tariff you more. this sounds like a good plan, until you run the numbers, and "Cutting the US our of the global economy" reduces every nations ability to trade by 20% - 50%, and that my friends, leads to hundreds of millions of people into destitution and poverty on a scale no one has ever seen before. I mean with one fell swoop Trump did away with USAID and it's $40 billion dollar foreign aid budget, which in turn cut off tens/hundreds of millions of real live human beings, all across the world, from foreign aid consisting of life sustaining food, clean water, & medication, the death toll will be astronomical. soverign nations like saying they can do without the us, but if you watch closely people are going to start dying from just $40 billion being taken away. that's a fraction or a fraction of a fraction of the trade monies exchanged with the us.
The US is a failed state. We're going to have to learn to live without it sooner or later. The only reason it has so much influence is because we all made it the centre of the global economy. That's what needs to change.
ok, but realize what that's going to cost in the near term, and it's going to be more painful than any war you've ever fought, any fire you've ever put out, and any economic downturn your country has ever experienced, up front, and i don't believe most modern economies want to shoot themselves in the head quite yet, they'll have to endure humilating trade concessions which will shrink their economies gradually, but they're not gonna want to pull that rip cord just because they're a bit miffed
I believe it's all coming down. Don't want it, not looking forward to it, but I think our society is definitely in decline.
same. welcome to the party, pal
Yippee ki yay motherfucker! 😉
Yeah. Sadly, we may not have a choice in the matter.
and it's all done so the richest in the US can swoop in and buy up the crumbs that are left of US households & the citizens become beholden to them...it's all a financial coup and it's going very well so far.
The only problem is you used MSN which is using the Daily Mail as a source? An American source using a UK (garbage dump of a) source to report on Australia? :\
They'll just beg, and then roll over and ask for more when that doesn't work
We have to shoot our own feet untill they learn how to walk.
"Omg! Australia is attacking the US!" <- How our (US) media covers this, probably.
What is our dumbfuck president claiming for an excuse to tariff another one of our Five Eyes allies? What is the perceived slight that has set off this unstable man-baby POTUS?
(Did not read the article.. assuming answers can be found there.)
(Edit: have now read the article)
President Trump's announcement was made a day after Australia's Deputy Prime Minister and Defence Minister Richard Marles met with American Defence Secretary Pete Hegseth.
'That this advice has been given the day after our Deputy Prime Minister was in Washington to hand over billions of dollars to secure the AUKUS submarine deal is particularly troubling,' Mr Willox said.
This is all they said about the potential motivations. They had a meeting with our Christian Nationalist unqualified news commentator defense secretary, made a deal where Australia is paying the US for submarines. Now you all are getting Art-of -the-Deal'd. I would call it extortion and an act of war.
feels like we'd be spineless to do even that
Doesnt the US have important deals and strategic assets re. Space industry and defense here in Aus? Why the heck aren't we negotiating these tarifs?