pedleyr
Well-Known Member
Palmer is undoubtedly a tool of the highest order but I think the faux outrage over this harming trade relations is pretty dumb.Dave70 said:
If it's in China's interest to trade with us they will, pretty much whoever mouths off. They don't trade with us because they like us or approve of our politicians. They trade because it benefits them (or they have to, either way).
It's also not like they can start buying our iron ore elsewhere (well they can but because it's essentially a fungible that means someone else's customer comes and buys ours).
That's one advantage of resources exporting, the customers can't decide one day to go and buy (for example) Greek iron ore because they don't like our policies, because there is none.