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Media-Declared President To Punish People In Australia For Wrong-Think

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Washington Post: President Biden will Punish Australia for Climate Failures | Watts Up With That?

According to the Washington Post, Biden plans to impose trade tariffs on Australia unless Australia embraces a net zero carbon plan and curbs Australia's CO2 intensive energy export industry.
If Biden imposes climate sanctions, or if Australia shuts down energy exports to placate a new US administration, everyone in Australia would feel the impact; curbing Australian exports would likely turn Australia's mild trade surplus into a trade deficit, ending the economic free run Australians have enjoyed for the last two decades, by putting upward pressure on interest rates and the prices of imported goods.

Biden sanctions could force Australia to choose between reconciliation with China and economic ruin. Australia's support for US efforts to curb China's aggressive expansionism has triggered a costly trade war with China. Australia is in no position to fight a trade war with both the USA and China at the same time.

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