Yes many Australians will complain, at least the people that are directly or indirectly affected by tariffs.
In a free society people are free to complain, the live stock or wine industry will hire lobbyist and make noise in the media to put pressure on politicians.
But all this does not mean that Australia will collapse due to Chinese tariffs. Some businesses will suffers others will prosper those that adapt will quickly return to making money.
Those that do not will likely perish.
Bottom line, Australia is a huge resource rich nation and there is plenty of international demand for Australian meat, wine and lobster.
If you don't know there is a global meat shortage and prices have increased 25%.
If China does not want Australian beef someone else will want it.
- Record beef prices are a global meat shortage phenomenon, not just beef and not just the U.S.
- Global beef prices are up 25% over the last 12 months.
- Global beef production (supply) has been flat for the last 10 years, while pork and broilers have grown 20-25% over the same time period.
Highlights from a presentation by Brett Stuart, Global AgriTrends, presented at the Iowa Cattleman’s Convention December 2014. Demand side Asia has more people than […]
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