Why this Aussie billionaire welcomes Trump’s China tariff threat

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Why this Aussie billionaire welcomes Trump’s China tariff threat
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It’s more important now than ever for retailer Solomon Lew to get the best manufacturing deals. He thinks Donald Trump’s trade policies might help.

It was a big week for retail billionaire Solomon Lew. He has spent decades in the Myer wilderness after being ousted from its board in 2002, but on Thursday,a deal that will make him the department store’s largest shareholder and its de facto king. He also celebrated the inauguration to the US presidency of former business associate Donald Trump.

“I think he is a business person. He is a survivor. They didn’t just throw the book at him – they threw everything at him. And they couldn’t pull him down,” says with more than a hint of admiration for a fellow warrior. Myer will morph into a department store with a major focus on Myer exclusive brands that are sourced and produced in-house, which will now include those Premier apparel brands

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