War over Taiwan would be 'devastating' and cause repercussion we 'cannot imagine'

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War over Taiwan would be 'devastating' and cause repercussion we 'cannot imagine'
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A war over Taiwan would be 'devastating' and affect the global economy 'in ways we cannot imagine,' US Defence Secretary Lloyd Austin has warned. 9News

"Conflict is neither imminent nor inevitable. Deterrence is strong today – and it's our job to keep it that way," Austin said in remarks at the Shangri-La Dialogue security summit on Saturday , which is being"The whole world has a stake in maintaining peace and stability in the Taiwan Strait. The security of commercial shipping lanes and global supply chains depends on it. And so does freedom of navigation worldwide.

Late on Saturday afternoon, a US Navy spokesperson said US and Canadian warships were sailing through the Taiwan Strait while the discussions were going on in Singapore. Austin's comments earlier came at a tense time for relations between the US and China, as China recently rejected an offer from Austin to meet at the summit in Singapore, citing US sanctions on Chinese officials and companies.

Austin reaffirmed that the US will "continue to stand by our allies and partners as they uphold their rights," and maintain "our vigorous, responsible presence across the Indo-Pacific."of US and allied aircraft" in international airspace, Austin added that the US would support allies and partners against "coercion and bullying."

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