China Puts 80% Tariff on Australia for Supporting Investigation of China’s Role in CV19

China is asshoe.



I don't think they are afraid of the communists, which is great news for us, Japan and Taiwan.

Hit the communists with equal tariffs, focus on limiting their tech influence from Huawei and others, call out the communists for spying with a public report that will anger the Aussie population and call it even.

Next time communists hit them with tariffs they will realize that the pain they receive in return is just a little bit worse.
 
Same as the Aussie. Why make something when you can buy it ? EVERYTHING. Its 2020. Car ? Motorcycle ? Tools ? Kitchenware ? Computer stuff ? NADA
 
If Aussies weren't such lazy Brit criminal-descendants they'd make their own shit. Bigass country...never made anything.
China intends to bully the whole world just as its doing to Australia and practically everywhere else on earth

everyone has misplayed the rise of china
It may be too late, but at least we aren't happily handing over the candy store which we did over the last 5 Presidents before Donald Trump.
 
China is asshoe.


So I would look at this from an economic perspective, rather than a Geo-political perspective.

From the Geo-political perspective, oh this is horrible, and how mean, and woe is Australia.

But from an economic perspective, China really only seriously harmed themselves.

Australia is the largest exporter of Iron Ore in the world. China just instituted a massive tax on raw Iron Ore into China. And who are the biggest buyers of Iron Ore in China, that will be footing the cost of those taxes? The Government run steel companies, that fund part of the Chinese government.

So the very people harmed the most by these Chinese taxes on imported Iron Ore, are in fact the government itself.

In the mean time, look at how this will affect the global market.

While the price of imported Iron Ore into China will go up... the price of Iron Ore throughout the world, will go down. Steel companies around the world, will enjoy lower prices on raw materials, while Steel companies in China will face higher costs of raw materials.

This will place a disadvantage on China's steel industry, relative to the world.

So here is my suggestion to Australia.

This is the best opportunity Australia will ever have, assuming China doesn't repeal the tariff quickly.

Australia should immediately offer any Steel making companies, or any ore processing companies, a full 10-year 100% tax free operation in Australia. Zero taxes on all operations, and even investment in building a sea-port to export Steel or other processed ores, 100% tax-free for 10-years.

Nothing would be a greater insult, than to use these exact Chinese tariffs, to create competition in the Steel market against the Chinese government's Steel companies.
 
If Aussies weren't such lazy Brit criminal-descendants they'd make their own shit. Bigass country...never made anything.
China intends to bully the whole world just as its doing to Australia and practically everywhere else on earth

everyone has misplayed the rise of china
ALLOWED is the word you're looking for
Maybe “foolishly expedited” is the best term

cuz commies in china and many libs in America would argue that china is the master of its own destiny and most responsible for its own success

but corrupt politicians, CEO’s, academics and think tanks in the west have been vital to chinas fast rise
 

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