Rab said:
As an Australian losing the TPP, this will be a disaster for us
Australia already has a very open economy, virtually no tariffs, and many free trade agreements with other countries, this has allowed Australia to prosper even during the financial crisis of 2008
The US has had tariffs up against Australia's agricultural goods forever, the US currently subsidises its agriculture unlike Australia, Australian agriculture is sustainable and efficient, unlike the US system, without the TPP the US will only get worse in this regard, and even Australia will suffer due to the uneven playing field
The US is Australia's second largest economic partner behind China, the scraping of free trade (TPP) by the US will hurt us a lot, our ties with China will have to get stronger to compensate
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You are USA 26th highest trading partner. I believe you probably rely on China a lot more than United States. According to this site 99% of exports of consumer and industrial goods are duty free. I see no problem with our trade relations with Australia even with TPP falling through.
"Australia is currently our 26th largest goods trading partner with $35.3 billion in total (two ways) goods trade during 2013. Goods exports totaled $26.0 billion; Goods imports totaled $9.3 billion. The U.S. goods trade surplus with Australia was $16.8 billion in 2013."
https://ustr.gov/countries-regions/southeast-asia-pacific/australia#
