Pages

Showing posts with label imports and exports. Show all posts
Showing posts with label imports and exports. Show all posts

Saturday, August 2, 2025

Perspective with Heather du Plessis-Allan: Was our government too relaxed about the tariffs?


So, was our government too relaxed about the tariffs then?

Cause this is a shock today – isn't it? To find out that we’ve just been bumped up to 15% while Australia and dozens of other countries have stayed on 10%.

Now, it seems to be related, most likely, to our balance of trade and that the US has a trade deficit with us. So we get 15%, but then a trade surplus with Australia, so they get 10%. So perhaps it was inevitable and unavoidable, as long as the balance of trade sat like that.