Australia has a 10% tariff in the US, the US now has a 10% tariff on Australia, this is the case with most world countries, while it does mean adjustments in the market it evens out the playing field making US made goods cheaper than imported ones for americans. The US companies it is effecting are the ones that produce overseas using cheap labour then getting extra tariff prices sending to the US, while sending US made overseas may drop buying US made in the US should increase.
Recommended Posts