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RE: LeoThread 2025-10-24 00-14

in LeoFinance4 days ago

Part 3/8:

The Australian Labor Party (ALP) has lauded the decision, claiming it vindicates their strategy. A spokesperson emphasized that their "cool and calm negotiations" contributed to this outcome, insisting that no tariffs were introduced on American goods and that the relationship remains strong.

But critics are quick to question these assertions. Criticism points out that Australia's position was always limited. Trump’s administration explicitly set a minimum tariff baseline of 10% for all countries, including key allies like Australia with which the US runs a trade surplus. This baseline was announced shortly after Trump's inauguration and applies universally, regardless of existing trade relations.