Australia’s total collapse of diplomacy and mature engagement has a lot to answer for.
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They don't need our iron ore full stop
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They can not get the iron ore from other countries. Don’t supply the iron ore and their steel industry will face cost increase causing the whole inflation on market. Let’s see how they can handle it.
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Brazil exports iron ore. The pandemic there has affected the supply but when they are back online the price will drop and China has an option as to who they choose to buy from. The current high price cannot be sustained which means our budget bottom line will be badly affected.
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Megaphone diplomacy doesn’t work with Asian countries. We had learnt that lesson forty years ago until Morrison threw it all out when he did Trump’s bidding. Are you suggesting we shouldn’t sell our iron ore to China? Budget bottom line will be stuffed totally. Genius
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