Hey Guys, I am so glad our Australian Prime Minister has ruled out playing games with the USA and will not be imposing reciprocal tariffs on any goods imported from the USA.
Mr Albanese said "It is the American people who will pay the biggest price for these unjustified tariffs. This is why our Government will not be seeking to impose reciprocal tariffs.
We will not join a race to the bottom that leads to higher prices and slower growth."
I feel sorry for the American public that like to buy our Australian Tim Tams, for example. If they currently cost an American citizen $5 a packet to buy, instantly with the 10% Tariff added, it will now cost $5.50 a packet. 50 cents extra in the Tariff tax. To me that is just an inflationary move and these Tim Tams is just an example of an Australian product. I could have said Vegemite.
For me, I like eating American Dates. I purchased this big box of Dates produced in the USA for $85 Australian recently, as they were on special, down from the regular $100 price. If our Prime Minister had placed a reciprocal tariff on them of 10% then the regular price would rise to be $110. That would have been an expensive overnight hike to me, an Australian citizen buying this American product. Again that is just an inflationary trigger in my opinion.
So thankyou PM Albanese for seeing the big picture of who these tariffs actually hurt, and therefore not hurting your Australian citizens by making goods imported from the USA any more expensive for us.
Steve in Australia
Hey Guys, I am so glad our Australian Prime Minister has ruled out playing games with the USA and will not be imposing reciprocal tariffs on any goods imported from the USA.
Mr Albanese said "It is the American people who will pay the biggest price for these unjustified tariffs.
This is why our Government will not be seeking to impose reciprocal tariffs.
We will not join a race to the bottom that leads to higher prices and slower growth."
I feel sorry for the American public that like to buy our Australian Tim Tams, for example. If they currently cost an American citizen $5 a packet to buy, instantly with the 10% Tariff added, it will now cost $5.50 a packet. 50 cents extra in the Tariff tax. To me that is just an inflationary move and these Tim Tams is just an example of an Australian product. I could have said Vegemite.
For me, I like eating American Dates. I purchased this big box of Dates produced in the USA for $85 Australian recently, as they were on special, down from the regular $100 price. If our Prime Minister had placed a reciprocal tariff on them of 10% then the regular price would rise to be $110. That would have been an expensive overnight hike to me, an Australian citizen buying this American product. Again that is just an inflationary trigger in my opinion.
So thankyou PM Albanese for seeing the big picture of who these tariffs actually hurt, and therefore not hurting your Australian citizens by making goods imported from the USA any more expensive for us.
6 months ago (edited) | [YT] | 2