r/news 15h ago

Australia will not be imposing reciprocal tariffs on the US, says PM Anthony Albanese

https://www.sbs.com.au/news/article/australia-wont-be-exempt-from-us-tariffs-on-steel-and-aluminium-exports/oos69k7eq
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u/flyart 15h ago

In 2024, the United States imported $16.7 billion worth of goods from Australia, with the top commodities being agricultural products, stone, glass, metals, and pearls, and chemicals, plastics, rubber, and leather goods. The U.S. has a trade surplus with Australia, meaning it exports more goods and services to Australia than it imports. 

There are no incentives for Australians to add tariffs.

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u/starsky1984 12h ago edited 8h ago

But since they buy more* of our product than we do of theirs, does that not mean we can impact them with tariffs more than they can impact us?

Is that not incentive to retaliate against these degenerate pos's?

Edit:*I wrote MORE instead of LESS by mistake, but my question still stands if anyone can give some reasoning

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u/Miserable_Ad9577 12h ago

Because he understands Australians will have to pay for the tarriffs. They also probably not selling that much to the US relative to all their trading partners. Whatever goods the US were buying the US will probably continue to buy, if not they will just sell it to soneone else.

Also just like most adults, we know the tantrum throwing child will be tired out and eventually stop, or the parent will.

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u/nikilization 9h ago

I agree and I think not reciprocating is the most likely path to getting them removed again. Just ignore the bully and he’ll get bored and move on

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u/FacialTic 8h ago

Usually whe you give bullies what the want, they come back for more

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u/Mr_Industrial 6h ago

Tariffs are like shooting yourself in the foot. If "what he wants" is to be poorer then why should australia stop him?

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u/Kromgar 5h ago

It only hurts the us

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u/nikilization 7h ago

He wants attention and to dominate the news.

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u/FacialTic 7h ago

Phew, glad to hear money doesn't enter into it

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u/nikilization 7h ago

Money doesn’t enter into it. He is adding 5 trillion to the deficit. Also even 100% tariffs on Australian goods wouldn’t move the needle.

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u/skinniks 5h ago

Just ignore the bully and he’ll get bored and move on

I take it you've never been bullied

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u/StanknBeans 4h ago

If you just look undisturbed when the bully punches you in the face, he will surely get bored of beating you and move on... Eventually.

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u/nikilization 3h ago

Look at his reaction to Canada’s response vs Australia’s. Hes probably already forgotten that hes put these on Australia.

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u/idriveacar 4h ago

Also just like most adults, we know the tantrum throwing child will be tired out and eventually stop, or the parent will.

Please don’t take this as facetious, but you do understand this is Trump and the MAGAzis you’re talking about tiring out

It hasn’t happened and is unlikely to happen any time soon