So , What do you ya reckon .

[roddy1960]

A certain U.S . President is pretty keen now to whack a 25% import tariff on steel and aluminium from trading partners including Australia . Last year (apparently) Turnbull was assured by Trump that Australia would be exempt from such stuff on about half a billion dollars worth annually of steel and aluminium , but there are now doubts on that it seems . IF and only if he's changed his tune on this is it good , bad or makes bugger all difference to us .

Would this in fact free up the possibility for other markets or will it initiate some form of tit for tat trade war.? Understand though that the real targets for Trump is Canada and Mexico. Now even Republicans are nervous of what this could lead to.

Sort of along the same lines with U.S trade in the automotive industry , how does the U.S deal with imported cars regarding tariffs or duties ? I recall the days when we used to have up to 57.5% import duty on motor vehicles in a bid to protect the Aussie car industry. I suppose the U.S if not already will do that sort of thing if the current Administration keeps imposing more and more import tariffs Stateside. Is Trump right or wrong .........

Love to know your thoughts on any or all of this latest Trump proposal .