Politics
Australia will not retaliate against “unjustified” American prices on steel and aluminum
Melbourne Australian Prime Minister Anthony Albanian On Wednesday, American prices on Australian steel and aluminum were unjustified, but his government would not retaliate with his own prices.
President Donald Trump said last month that he was considering a pricing For Australia, a free trade treaty partner who has exchanged with the United States for a deficit for decades.
A former Australian government has obtained an exemption with the previous Trump administration in 2018 on the basis of arguments, especially that the Australian Steelmaker blues employs thousands of workers in the United States
Albanese said he would continue to continue an Australian exemption. The 2018 exemption took several months to secure.
It has been prefigured that no country, regardless of its relations with the United States, has obtained an exemption. Such a decision by the Trump administration is entirely unjustified, said Albanese.
The prices and the climbing of trade tensions are a form of economic self -harm and a slower growth and higher inflation recipe. They are paid by consumers. This is why Australia will not impose reciprocal prices in the United States, added Albanese.
The United States has officially increased prices on all imports of steel and aluminum to 25% on Wednesday.
The American decision not to exempt Australia was announced a few days after a spitting became a public between Trump and the former Australian Prime Minister who obtained the 2018 exemption, Malcolm Turnbull.
Trump described Turnbull, who left politics in 2018 after being overthrown as Prime Minister by his own government, as a weak and ineffective leader.
Malcolm Turnbull, the former Prime Minister of Australia who always directed this wonderful country of “behind”, never understood what was going on in China, and he also had the ability to do so, Trump wrote on social networks.
I always thought that he was a weak and ineffective leader and, obviously, the Australians (sic) agreed with me !!! Added Trump.
Trump responded to an interview that Turnbull gave this week to the American media company Bloomberg in which the former Australian chief said that Chinese President Xi Jinping would benefit from chaotic and erratic leaders of the American president.
I think China will take advantage of it, Trump's enormous advantage, Turnbull told Bloomberg.
What will be my prediction that President XI will aim to be exactly the opposite of Trump. Where Trump is chaotic, he will be consistent. Where Trump is rude and abusive, hell is respectful. Where Trump is erratic, he will be consistent, said Turnbull.
And what it will do is strengthen confidence with countries, and there will be many countries which, you know, looking at China on the one hand and Trump on the other hand, will find China a more attractive partner, added Turnbull.
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