WARNER: Can you explain how it helps natl security or our trade balance - I loved your fancy Greek formula which was bad math on steroids - how with a trade surplus Australia got hit with a 10% tariff as well?
GREER: Australia has the lowest rate available
WARNER: We have a trade surplus!
GREER: They ban our beef. They ban our pork.
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Aaron Rupar (@aaron.rupar) on Threads
WARNER: Can you explain how it helps natl security or our trade balance - I loved your fancy Greek formula which was bad math on steroids - how with a trade surplus Australia got hit with a 10% tariff as well? GREER: Australia has the lowest rate available WARNER: We have a trade surplus...www.threads.net
Why would they want our beef unless economics dictate it makes sense? They are a net exporter. It would be like Ukraine being upset at us because we don't normally take black sea corn. Telling countries we compete with in the global market to take it at a substantial premium to what they can pay domestically or we will make them pay is just idiotic.
They don't take our beef because they don't need our beef and there are 100 countries we can export our beef to without worrying about their nonexistent import marker.