Offer Rudd’s head for tariff exemption

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Kevin07 has work cut out for him.

President Donald Trump’s plan to impose 25 per cent tariffs on steel and aluminium imports has been branded an “insult” to the Australian people and America’s key security partner in the Indo-Pacific.

Democratic congressman Joe Courtney, who co-chairs the Friends of Australia Congressional Caucus, singled out Australian taxpayers’ pumping of $US3 billion into US shipbuilding capabilities as part of the AUKUS defence pact, the first $US500 million of which was paid last week.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.