I worked for Australia's biggest Importer at the time MYER. Back in late 70's There were tariffs galore around in those days. It was the pre free trade era. Did not really impact retail spending. Spending is a function of price and available $$. I agree currency levels impact spending and here is an example. Not so long ago the A$ was above 1 against the USD. I am a fly Fisherman. Probably the best gear available comes from the USA. All of a sudden the price of the gear looked very cheap. Bought plenty of good stuff Price was right. Now with an A$ at .68 I do not buy anything from the USA..zip nada..too bloody expensive. However I have a source in China that makes Rods Reels etc at incredibly low prices..good gear also. The currency is almost not a concern. I buy from China. Now say our Govt slapped a tariff on this gear of 100%. Guess what I would still buy from China.
Me thinks you over analyse...Paralysis by analysis. It's pretty simple arithmetic really.
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