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Valen Ron
Sky News Australia
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Comments by "Valen Ron" (@valenrn8657) on "Outgoing US ambassador calls on Australia to find trade alternative to China" video.
For Australia, diversified trade is a prudent path regardless of the American statements i.e. "don't put all the eggs in one basket".
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There are countries with low wages.
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@williamzabiski7653 China has low wages with government subsidies.
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1. American sourced raw materials have a higher cost when compared to Australian sourced raw materials which make China's manufactured goods less competitive when compared to other low wage countries with Australian sourced raw materials. 2. For Australia, diversified trade is a prudent path regardless of American statements.
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