US, Australia sign rare earths deal
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south China sea, Australia and flares
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Australia’s got reserves and mining expertise, and the United States is eager to invest in alternatives to China. But building mines, refineries and factories could take years.
Australia is capable of engaging with the Trump administration while stabilizing relations with China, Treasurer Jim Chalmers said, reiterating the center-left government’s policy of balancing the fractious superpowers.
China’s escalating curbs on the critical minerals has given Australia, a longstanding U.S. ally, the opportunity to reposition itself to a transactional president.
President Donald Trump said he wants to accelerate nuclear submarine deliveries to Australia under the AUKUS agreement during White House meeting.
Eighty-five U.S. senators are willing to give President Trump the authority to put up to 500% tariffs on China for purchasing Russian oil,” Bessent said during a press briefi