Anthony Albanese the PM of Australia has got it right, probably the only country that is doing what is best for the working class. They decided to NOT apply reciprocal tariffs even though the US will be applying tariffs on all aluminum and steel.
PM Anthony Albanese said "But he said imposing reciprocal tariffs on the U.S. would only push up prices for Australian consumers and spur inflation".
"Tariffs and escalating trade tensions are a form of economic self-harm and a recipe for slower growth and higher inflation. They are paid by the consumers. This is why Australia will not be imposing reciprocal tariffs on the United States," Albanese added.
He is right. All these tariffs that Canada is applying is counterproductive and they cannot win. In this the working class is the causality while government cashes in.
It's right but Trump doesn't mind his citizens to pay for the tariiffs he impose on others !
What is the difference ?