#47 slapped a 25% tariff on steel and aluminium imported from Australia. While that will affect Australia, we are not paying. The citizens of the US will ultimately pay. In the US, people on the street seem to have no understanding of this. They think Australia will be paying. No, it is US companies who import steel and aluminium that will pay, and US citizens will ultimately pay.
The is a day coming soon where Australia can expect more tariffs over some rather tenuous matters.
He does not like the ban, as I believe is also in place in Europe and Great Britain, on the importation of American beef. Given we export beef to the US, this is puzzling. The reason we and the aforesaid areas of the world won't import US beef is that it is full of anti biotics and growth hormones, with the cattle often grown in an intensive farming manner. Nah, we don't want that. Aim for clean and green.
Prescribed medical drug prescriptions are subsidised in Australia. At the moment the cost can not exceed around $31 and if the current government is re-elected, this will drop to $25. For poor old age pensioners like me, it is capped at around $7. I don't understand what the issue is here, but I guess it is about US drug company profits. The drug companies are lobbying the US government very hard to punish Australia.
Our government is pressing for pay to view companies like Netflix to include some local content. I don't think that is unreasonable, but again, it is problematic for the US.
Nor is it unreasonable for Meta and other large US tech companies to pay the content producers for direct copies and links to their sites. Will be hear of a tariff slapped on us for that?
Where there are joint US and Australian research facilities here, #47 wants to know effectively about Australia's diversity policies etc. I assume funding would be cut if the expectations are not met.
Many of the above are direct interference in Australian domestic policies.
I read somewhere today that the world needs to show a bit more appreciation for the money US has spent around the world, more than compared to say Europe. Bah, America has only spent money where it sees there is an advantage in funding countries, people and organisations, so save me from 'What we have done for the world'. That is just what countries, including my own, do.
Let's end with a laugh.
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You'll get no argument from me, and I'm a Yank.
ReplyDeleteIt seems so odd that a lot of Americans don't understand how tariffs work.
ReplyDeleteAs Will Rogers phrased it: 'some folks learn by reading. Some learn by watching. Others just got to pass on the electric fence themselves." Or in other words, a lot of Americans are about to get a big shock.
DeleteAutocorrect changed piss to pass.
DeleteIt will be interesting to see what the new tariffs are - and what ones will be slapped on us. Some universities (the ANU for one) have indeed had funding withdrawn. I hope our Government (whatever flavour) holds fast.
ReplyDeletePensioners $7 ? I paid $81 the other day for a script. Not all medicines are subsidised in Australia. In fact some drug companies will not allow their drugs to have generic licences that is why some drugs cost more.
ReplyDeleteBy the way Panamax is as effective as Panadol and is only $2.95 for a 100
I used to pay $44 for one medication that wasn't on the PBS, but as an old person, I now pay pensioner price, which seems odd. I think there are regs about how long a drug can be on the market, and then it will become generic. I was surprised the very effective Bactroban is not on the PBS list. Panamax tablets are just too big. I rarely take pain killers, so it is not a problem for me.
DeleteI am a pensioner and my ongoing medication is $7.80 which I am appreciative of. But from time to time other medical issues arise and I usually get prescribed medication that is not subsidised. Just this week $45 for some cream
ReplyDeleteYeah, expecting turmoil in share market
ReplyDeleteTo be fair, many Americans realize that we will be paying, but those in the cult believe whatever the Gelatinous Felon tells them.
ReplyDeleteThe golf cheat and serial female predator couldn't care less.
ReplyDeleteSome people go stranger on a weekly basis - Donald Duck ( sorry to
the cartoon one with feathers) - dumb Trump by the hour!
Of course with the tariff war the citizens of that map above will be paying a lot more.
I suspect a dictatorship is next!
Move over Adolph you were an amateur - at least you wrote a book and told the world what was likely to happen.
Strange world especially above the Equator.
Cheers
Colin
Trump is to economics what Kylie Minogue is to rugby league. This tariff shit is going to bounce back and hit the USA right in the chops but when that happens it will be somebody else's fault as Agent Orange never apologises about anything. And oh yes - April 2nd is Liberation Day in America - there will be balloons and dancing in the streets. God bless King Donald!
ReplyDeleteWell of course the felon cannot be trusted about anything. Free trade agreement? He won't care. While the MAGAts who worship him think someone else is paying the tariffs there are more of us that understand how it works and how bad he is for the world.
ReplyDeleteTrust me the main person who doesn't understand tariffs is the person inflicting them. Workers seeing bonuses vanish and prices rise are very much aware.
ReplyDeleteUnfortunately for the sensible populace in the US, the MAGAts will need to have it seriously affect their income/lifestyle before they even begin to consider that the Strumpet is misleading them. Even more unfortunately for the rest of us, I believe that will also mean chaos in many parts of the world for the forseeable future.
ReplyDeleteI can only see prices going up. Not a TRUMP fan!
ReplyDeleteOnce you realize he works for Putin, it all makes sense.
ReplyDeleteOh brother, he's trying to force his DEI shit there too? Oh brother. Its embarrassing. You would not believe the number of federal employees he and Musk have hung to dry.
ReplyDelete#47 is an idiot and he and his kow-towing minions needs to keep their fingers out of everyone else's pies. He somehow thinks he can control and own the world and I hope the world fights back. Hard! He should have no say over any country except his own and truly not even that, his "management" is killing his own country and he either can't see it or that's what he wants.
ReplyDeleteIf the US puts a tariff on a product that we grow/make ourselves or can get from another country easily, I don't give a toss. Let the US keep their own potatoes, leather shoes or computer parts - we will survive!
ReplyDeleteBut if they have a patent on urgently needed medicines and we can't make our own, or we cannot import them from Europe or China, I will not pay their brutal tariffs :(
Why is it that the rest of the World can see the damage and danger he is wreaking but there seems to be nobody willing or able to put a stop to it at home? I really hope the rest of the World stand up up to him and fight back or else I fear for everyone's future.
ReplyDeleteDefinitely not worth the paper it was written on and of course there would be more things that haven't been brought to light yet. Love your map..lol
ReplyDeleteThe orange one has surrounded himself with yes-men and women who will not gainsay his wonderful ideas. What an idiot - a dangerous idiot.
ReplyDeleteI love the expansion of Canada - brilliant idea!
I personally would vote for that new map. I heard that tRUMP tried to push the DEI thing with France and Belgium and that they scoffed at it too. He just seems to think he's the king of the world.
ReplyDeleteYour post raises some thought-provoking points about the complexities of international trade and the ripple effects of tariffs and policies. The interplay between domestic priorities and global agreements often leads to these tensions, as you've highlighted with examples like beef imports and media content regulations. It’s clear you’ve put a lot of thought into how these issues impact both nations.
ReplyDeleteBy the way, I’ve just shared a new post. I’d love for you to take a look and share your thoughts.
direct interference indeed! This disgusting person trashing our nation and the world must be stopped by courts, Congress, voters! Stand strong Australia! We will save our democracy as Poland did!
ReplyDelete