politics

Japan, Australia to promote regional trade deals

8 Comments

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Any nation in either trade pact that uses trade as a weapon, like China is currently with Australia, should be banned from the trade agreements until full compliance it returned.

Good that Japan and Australia are at the head of these talks.

4 ( +6 / -2 )

Good that Japan and Australia are at the head of these talks.

4 ( +5 / -1 )

If Japan does trade deals with Australia then the US won’t be happy since their export to Japan would inevitably decrease. Australia is desperately looking for trading partners now after the trade war with China! Over 40% of Australian exports ( mainly beef, barley and wine ) were to China and now the local farmers are suffering the consequences! Japan cannot fill in that hole due to importing from the US and supporting local farmers! Seems like Australia has bit the hand that was feeding them. Their economy will rapidly collapse in the next few months and the days of the current Government seems numbered! The US and Japan will never assist Australia with their exports ( in that large amount ) as they promote their own products.

-2 ( +3 / -5 )

Japan and Australia are the BFFs the world needs right now

3 ( +4 / -1 )

The USA were ask to join and given special amendment by all counties involve in both groups. Obama and Lady Clitton declined the offers to join many times. If the USA want to put the brakes on China Industries and export, will agree to join sooner or latter but will not be offered any special amendment this time.

-1 ( +1 / -2 )

Seems like Australia has bit the hand that was feeding them. Their economy will rapidly collapse in the next few months and the days of the current Government seems numbered!

Poppycock. The Australian economy is booming, in part from the huge amount of money generated by China purchasing so much Iron ore from the one nation that produces the majority of the worlds mined iron ore, Australia. Yes a few area's have taken a hit but in general the Australian economy is doing very well.

The current government has handled covid very well and will likely remain in power for some time. Partly because the opposition has nobody worth voting for.

3 ( +4 / -1 )

The current Federal government has handled Trade and COVID rather poorly but despite their incompetence industries have managed to diversify their markets, the iron ore price has remained high and State Governments have gotten on with the job have handling COVID and the economy, filling the vacuum created by the fools in the federal government. There's not going to be a sudden collapse of the economy as one PLA plant has prophesied but there are some tough times ahead for some sectors of the economy which has made quite a marvellous recovery already despite the ongoing pandemic.

1 ( +1 / -0 )

Ye Bradley, Australia is doing OK. State governments are all over the shop with their Covid (Wuhan Lab Virus) responses - but if the Federal government would unleash locally produced Astra-Zeneca to all Australians - we would have herd immunity by Christmas.

As for trade - generally fine. There are log-jams, new cars the most obvious example. Less cars from overseas and more buyers - due to the virus, lack of car computer chips, and lower productions rates.

1 ( +1 / -0 )

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