Latest news with #AustraliaUSRelations
The Australian
01-07-2025
- Business
- The Australian
Politics news: Albanese to meet Trump ‘in coming months'; Penny Wong meets Rudd
Penny Wong has landed in Washington DC for the Quad foreign ministers meeting, as Anthony Albanese says he's not embarrassed by his failure to secure an early meeting with the US President. Welcome to The Australian's rolling coverage of news from Canberra and around the country. Technology CyberCX executive director Katherine Mansted says small to medium enterprises are most at risk from 'hackitivists'. Politics Resources Minister Madeleine King denies a union and local business claim that Australia is breaking an international treaty by sending the oil platform to Denmark for decommissioning.
News.com.au
27-06-2025
- Business
- News.com.au
PM urged to lean into Trump's ‘transactional' nature as risk of new tariffs emerges
Anthony Albanese has been urged to lean into Donald Trump's 'transactional' nature amid concerns the Prime Minister is mishandling Australia's relationship with the US. Nearly six months have passed since Mr Trump's inauguration and Mr Albanese is yet to secure an in-person meeting with the US President. Australian producers have been slugged with tariffs on most exports to the US, including duties of up to 50 per cent on steel and aluminium, and doubts loom large about the Trump administration's commitment to AUKUS. The Albanese government has also made Australia an outlier in the West on defence spending, refusing to budge at all after Washington's call to hike it to 3.5 per cent amid alarm bells over China's military build-up. Commenting on Mr Albanese's management of the alliance, former ambassador to the US Joe Hockey warned on Friday (AEST) refusing to engage in deal-making with Mr Trump risked offending him. 'If you're not willing to transact, it's a snub,' he told Sky News in Washington. 'The fundamental point for the Albanese government, or the Turnbull or Morrison government, whoever it is – you have to be prepared to transact. 'It's a living, breathing relationship. It goes two ways.' The warning came after Mr Trump threatened further tariffs against Spain for refusing to boost its defence budget in line with other NATO countries. Spanish Prime Minister Pedro Sánchez was the only NATO member leader not to agree to hike military spending to 5 per cent of GDP at this week's summit. Mr Trump in turn accused Mr Sánchez of wanting 'a free ride' and said Spain would 'have to pay it back to us on trade', playing into critics who argue the Trump administration's 'America First' agenda is isolationist. Mr Hockey, a former Coalition treasurer, now runs US-based consultancy Bondi Partners. He rejected claims Mr Trump was leading the US into an 'isolationist phase'. 'They're involved in Ukraine, they're involved in the Middle East, they … stopped the war between India and Pakistan, and … tomorrow they're signing a peace agreement between two warring countries in Africa,' Mr Hockey said. 'If that's isolationism, then we've got a whole new definition.' Mr Hockey said the Trump administration offered an opportunity for the West to advance its goals and crucially, for Australia, counter China's increasing aggression. 'The bottom line is, we should be concerned about our neighbourhood and the aggression of China, of Beijing,' he said. 'It is Beijing, Chinese people are great people, this is Beijing's aggression that we need to stand up to. 'And now we have an open display of incredible power to be able to deliver on the objectives of the Western world. 'And we should be embracing that, not fearing it, not being worried or afraid to go to the Oval Office or anywhere else.'
News.com.au
17-06-2025
- Business
- News.com.au
Anthony Albanese meets with senior Donald Trump aides after meeting with US President falls through
Anthony Albanese has met with senior members of the Trump administration after his crucial face-to-face meeting with the US President fell through. While the Prime Minister had secured a meeting with Donald Trump for Tuesday afternoon (AEST), the US leader left the G7 Summit early to return to Washington following escalating tensions between Israel and Iran. As a result the meeting with Mr Albanese was cancelled, prompting concern and criticism from the Coalition. However on Tuesday evening, Mr Albanese met with Mr Trump's principle economic advisory and the National Economic Council director Kevin Hasset, US Trade Representative Jamieson Greer and US Treasury Secretary Scott Bessent. Australia's US ambassador Kevin Rudd also attended the meeting, and the group discussed trade, tariffs, critical minerals and rare earths. Following the announcement that Mr Albanese's meeting with Mr Trump would not proceed, a government spokesperson said the cancellation was understandable 'given what is occurring in the Middle East'. 'As the Prime Minister said a short time ago, we are very concerned about the events in the Middle East and continue to urge all parties to prioritise dialogue and diplomacy,' they said.
The Guardian
17-06-2025
- Politics
- The Guardian
Trump cancels on Australia at the G7
Anthony Albanese had hoped to meet Donald Trump in person for the first time at the G7 summit in Calgary, Canada. But now that meeting will no longer take place – as the US president cut short his time at the conference, returning to Washington amid escalating conflict in the Middle East. Tom McIlroy tells Nour Haydar what this means for Australia's relationship with one of its strongest allies, the future of the controversial Aukus deal and whether Albanese will get another meeting with Trump
Bloomberg
17-06-2025
- Business
- Bloomberg
Trump to Miss Albanese Meeting at G-7
A planned meeting between President Donald Trump and Australian Prime Minister Anthony Albanese at the G-7 summit in Canada has been scrapped, following Trump's abrupt exit due to the escalating crisis in the Middle East. The American Chamber of Commerce in Australia says there are still positive signs for the relationship between the two countries, and sees a chance for the two leaders to meet at the next Quad gathering in India. AmCham Australia CEO April Palmerlee shares her outlook on Australia-US relations on "Bloomberg: The Asia Trade." (Source: Bloomberg)
