That’s one point, but it’s also a competitive measure. Australia has conditions that make them more competitive in things like dairy farming, wide empty and cheap land for example, that can sustain way bigger herds than most European farms, which allows them to sell the produce cheaper and still have a margin. Without some sort of regulatory measures this would ruin smaller dairy farmers in europe, because they have little to no way to compete with those prices.
Also those tariffs are a bargaining chip in the EU-AUS free trade negotiations at the moment.
Tariffs can be a very good tool to regulate prices or protect certain sectors that can’t compete the same way as outside powers in a global economy. BUT there has to be a fine strategy to it, otherwise you’re just kicking of trade wars.
That’s one point, but it’s also a competitive measure. Australia has conditions that make them more competitive in things like dairy farming, wide empty and cheap land for example, that can sustain way bigger herds than most European farms, which allows them to sell the produce cheaper and still have a margin. Without some sort of regulatory measures this would ruin smaller dairy farmers in europe, because they have little to no way to compete with those prices.
How does that not apply in the same way that US is seeking here against China with manufacturing?
Why is it OK for Europe to protect their jobs but NOT OK for US to protect their jobs? What makes Europe so special?
How does that not apply in the same way that US is seeking here against China with manufacturing?
Why is it OK for Europe to protect their jobs but NOT OK for US to protect their jobs? What makes Europe so special?
I am not informed enough to speak on that, I didn’t imply anything in my comment that would suggest I think that one way or the other.
The only thing I can say about that is, that with those tariffs the US is violating free trade agreements that were negotiated by the Trump administration themselves during his last presidency specifically with Canada and Mexico.
That’s one point, but it’s also a competitive measure. Australia has conditions that make them more competitive in things like dairy farming, wide empty and cheap land for example, that can sustain way bigger herds than most European farms, which allows them to sell the produce cheaper and still have a margin. Without some sort of regulatory measures this would ruin smaller dairy farmers in europe, because they have little to no way to compete with those prices.
Also those tariffs are a bargaining chip in the EU-AUS free trade negotiations at the moment.
Tariffs can be a very good tool to regulate prices or protect certain sectors that can’t compete the same way as outside powers in a global economy. BUT there has to be a fine strategy to it, otherwise you’re just kicking of trade wars.
How does that not apply in the same way that US is seeking here against China with manufacturing?
Why is it OK for Europe to protect their jobs but NOT OK for US to protect their jobs? What makes Europe so special?
I am not informed enough to speak on that, I didn’t imply anything in my comment that would suggest I think that one way or the other.
The only thing I can say about that is, that with those tariffs the US is violating free trade agreements that were negotiated by the Trump administration themselves during his last presidency specifically with Canada and Mexico.