PM seeks to reassure Australians about the fate of their businesses under US Trump administration
Anthony Albanese is seeking to reassure Australian exporters about the fate of their businesses under an incoming US Trump administration, insisting he is confident they will be spared tariffs of up to 20% that the president-elect is
“He said we’re going to have a ‘perfect friendship’ and I’m very confident that the relationship with the United States will stay strong,” Albanese said. “There’s first mover advantage, of course,” Albanese said. “And so when there is a change, sometimes an opportunity comes as well. And one of the things we’ve seen is considerable capital flow to the United States as a direct result of the policies that have been in place. Now, if those policies change, then obviously the economics change of investment and incentives and attractiveness.”
The government’s message of confidence in continued positive US engagement under Trump extended to security, including across Indo-Pacific.
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