Part 5/7:
While optimism surrounds the maintenance of the 10% tariff, Australian officials remain vigilant, emphasizing that the government has never retaliated against tariffs imposed on its exports. Historical examples, such as retaliatory tariffs on wine and barley by China, reinforce Australia’s diplomatic approach—favoring negotiation over retaliation.
Speculation about the potential for Australia to impose retaliatory tariffs remains unsubstantiated, with officials asserting that such measures are rarely beneficial. Instead, Australia plans to continue advocating for the removal of tariffs through diplomatic channels, emphasizing that mutual cooperation yields better long-term results.