The Old Ram-Australia
Herd Master
- Joined
- Jan 18, 2011
- Messages
- 986
- Reaction score
- 2,125
- Points
- 303
FORTRESS AMERICA:
There was a time when the U.S imported “nothing” it was quite capable of generating all of the things it needed .So could the President’s latest tariffs on steel and aluminum just be a” test to see what happens”, because if you think about it “what has the global economy done for anyone except for the multinationals and the top 1 %”?
As manufactures found out too late, if you manufacture in China your IP is lost and cheap competitors start up down the road from your factory.
The U.S tax cuts were designed to bring home businesses and production from anywhere overseas because the advantages had been diminished and their reputation at home was enhanced.
Australia needs to “tread carefully” in reacting in a way which could cause even greater retaliation from the US, what about a 25% tariff on beef and lamb imports? They really don’t need our sheep and mutton if they were to revitalize their own sheep industry which once upon a time was much larger than it is today and much of its decline can be trace back to the “greed” which caused the “wool price crash” in Australia.Just saying.
There was a time when the U.S imported “nothing” it was quite capable of generating all of the things it needed .So could the President’s latest tariffs on steel and aluminum just be a” test to see what happens”, because if you think about it “what has the global economy done for anyone except for the multinationals and the top 1 %”?
As manufactures found out too late, if you manufacture in China your IP is lost and cheap competitors start up down the road from your factory.
The U.S tax cuts were designed to bring home businesses and production from anywhere overseas because the advantages had been diminished and their reputation at home was enhanced.
Australia needs to “tread carefully” in reacting in a way which could cause even greater retaliation from the US, what about a 25% tariff on beef and lamb imports? They really don’t need our sheep and mutton if they were to revitalize their own sheep industry which once upon a time was much larger than it is today and much of its decline can be trace back to the “greed” which caused the “wool price crash” in Australia.Just saying.