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They're just stabbing the EU and Canada in the back. This is BASIC game theory. You need to retaliate otherwise the game is lost. But they would rather hitch their wagon to the new Nazi regime to help their economy? Disgusting.
Retaliate by destroying your own economy and gaining Sweet FA out of it? I’d be more willing to agree if you can actually show me how retaliating with own tariffs would disadvantage Trump in any way. No, it is just bait to get Australia to commit to harming their own economy so Trump can buy everything up.
Why do you think all the other countries have retaliatory tariffs? It's to hurt the US back. If their goods are now more expensive, then competing products are now cheaper in comparison and capitalism does it's thing. This is basic, basic trade war stuff.
Edit: Ahh fuck, you're just a troll. Anyone else reading this, just check their post history. Carry on.
I'm Aussie, and Albo is a cunt, but I don't want us to retaliate economically yet.
Like others have said it's a minor impact on our industry so far. I'm more concerned about taxing these mining and resources corporations.