Australia should follow suit. Get on the upward momentum
Trump is grounding the Blue Eagle. Time for the rise of the Empire of the Red Dragon.
It may happen naturally for us. The US accounts for less than 5% of our exports and 10% of our imports. Other than the fact that we are in surplus with the US and we're not putting tariffs on them like Trump is, most of our trading partners are in Asia with our major partner being China. It's kind of stupid that we pander to the US over China.
If Trump increases tariffs on other Australian goods then trade will shift toward Asia naturally.
This is why Trump's negotiation tactics are so stupid. He's using real estate negotiation tactics. He doesn't really believe that long term tariffs will solve anything. He believes that if he puts tariffs on countries then they will offer him tribute to get them removed.
And he's partially right. Some countries will negotiate new trade agreements that are beneficial to the US. But other countries will drive trade agreements away from the US. Trump doesn't realise that his risky tactics could result in more countries moving toward BRICS, and as a result, the eventual drop in the power of US trade and the eventual collapse of the US economy.