Well it is true the AU$ is lower the added costs of the tyranny-of-distance can bring the C$ to parity and possible better for some destination.
This actually is the kind of weird bizarre thing about the US tariffs, it's like the US deliberately wants to artificially create the kind of disadvantage nations like NZ and OZ have due to geographical isolation from certain markets. Not only create it yet have its own importers foot the bill for it and its exporters get punished for it.
There's a reason why NZ is relatively small fry in overall earnings despite the massive agriculture output it can muster, tyranny-of-distance. Who would be crazy enough to deliberately do that to themselves; cutting off their nose (after expensive cosmetics) to spite their face?
GNC Price at posting:
$7.44 Sentiment: None Disclosure: Held
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