Australian Prime Minister Anthony Albanese says U.S. tariffs on Australian steel and aluminum are unjustified, but his government will not retaliate with its own tariffs.
The US imports more metal from Australia than we export. This will just shoot the US in the foot and will further incentivize the plan to build up Australian manufacturing. It makes perfect sense why they wouldn’t retaliate.
The US imports more metal from Australia than we export. This will just shoot the US in the foot and will further incentivize the plan to build up Australian manufacturing. It makes perfect sense why they wouldn’t retaliate.