The China Mail - Trump says Australia will get submarines as PM visits

USD -
AED 3.67325
AFN 63.999745
ALL 83.250398
AMD 377.159929
ANG 1.790083
AOA 916.9998
ARS 1382.3505
AUD 1.449696
AWG 1.80125
AZN 1.695409
BAM 1.70594
BBD 2.013154
BDT 122.637848
BGN 1.709309
BHD 0.377515
BIF 2964
BMD 1
BND 1.290401
BOB 6.906447
BRL 5.193497
BSD 0.999512
BTN 95.111495
BWP 13.788472
BYN 2.972354
BYR 19600
BZD 2.010179
CAD 1.391525
CDF 2285.000157
CHF 0.799702
CLF 0.023467
CLP 926.610462
CNY 6.894697
CNH 6.887795
COP 3682.63
CRC 464.734923
CUC 1
CUP 26.5
CVE 95.875012
CZK 21.255603
DJF 177.71982
DKK 6.466502
DOP 60.098809
DZD 133.238132
EGP 54.517371
ERN 15
ETB 157.050114
EUR 0.865301
FJD 2.236694
FKP 0.758039
GBP 0.75605
GEL 2.69004
GGP 0.758039
GHS 10.9998
GIP 0.758039
GMD 73.999913
GNF 8775.000005
GTQ 7.64789
GYD 209.174328
HKD 7.84015
HNL 26.604398
HRK 6.521299
HTG 131.185863
HUF 333.98978
IDR 16949.3
ILS 3.15655
IMP 0.758039
INR 93.48455
IQD 1310
IRR 1315874.999986
ISK 124.090168
JEP 0.758039
JMD 158.129555
JOD 0.709037
JPY 158.770105
KES 130.000308
KGS 87.449728
KHR 4009.999698
KMF 428.495038
KPW 899.974671
KRW 1504.669993
KWD 0.30953
KYD 0.832908
KZT 476.211659
LAK 21950.00036
LBP 89509.104995
LKR 315.318459
LRD 183.675007
LSL 17.069667
LTL 2.95274
LVL 0.60489
LYD 6.404975
MAD 9.342503
MDL 17.701369
MGA 4177.999863
MKD 53.342853
MMK 2099.498084
MNT 3571.008867
MOP 8.070843
MRU 40.109985
MUR 47.119596
MVR 15.469396
MWK 1737.000313
MXN 17.93386
MYR 4.049001
MZN 63.950207
NAD 17.070162
NGN 1385.730126
NIO 36.729977
NOK 9.688099
NPR 152.178217
NZD 1.741235
OMR 0.384474
PAB 0.999507
PEN 3.495979
PGK 4.389672
PHP 60.393032
PKR 279.191108
PLN 3.71335
PYG 6474.685228
QAR 3.643985
RON 4.413001
RSD 101.656005
RUB 81.298695
RWF 1460
SAR 3.752978
SBD 8.042037
SCR 14.05702
SDG 600.999874
SEK 9.469898
SGD 1.285897
SHP 0.750259
SLE 24.550373
SLL 20969.510825
SOS 571.505345
SRD 37.374033
STD 20697.981008
STN 21.725
SVC 8.746053
SYP 110.555055
SZL 17.070278
THB 32.610303
TJS 9.580319
TMT 3.51
TND 2.930302
TOP 2.40776
TRY 44.469755
TTD 6.790468
TWD 31.952024
TZS 2588.311
UAH 43.911606
UGX 3762.887497
UYU 40.550736
UZS 12195.499903
VES 473.27785
VND 26340
VUV 120.343344
WST 2.769273
XAF 572.15615
XAG 0.013308
XAU 0.000214
XCD 2.70255
XCG 1.801363
XDR 0.710952
XOF 570.501861
XPF 104.049913
YER 238.649671
ZAR 16.937302
ZMK 9001.198901
ZMW 19.105686
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    -0.4028

    21.9

    -1.84%

  • AZN

    3.3400

    197.22

    +1.69%

  • GSK

    0.9600

    55.19

    +1.74%

  • NGG

    0.9100

    84.6

    +1.08%

  • BTI

    0.2100

    58.47

    +0.36%

  • RIO

    4.4700

    93.29

    +4.79%

  • CMSD

    -0.4000

    22.1

    -1.81%

  • BCE

    0.0100

    25.24

    +0.04%

  • BCC

    0.9000

    75.85

    +1.19%

  • RELX

    0.4000

    33.15

    +1.21%

  • BP

    -0.3500

    47

    -0.74%

  • RYCEF

    0.7600

    15.05

    +5.05%

  • JRI

    0.3800

    12.3

    +3.09%

  • VOD

    0.3200

    15.02

    +2.13%

Trump says Australia will get submarines as PM visits
Trump says Australia will get submarines as PM visits / Photo: © AFP

Trump says Australia will get submarines as PM visits

US President Donald Trump said Australia would get coveted nuclear-powered attack submarines and signed a deal on rare earth minerals with Prime Minister Anthony Albanese at the White House on Monday.

Text size:

The promise to Australia, which promotes itself as a key US ally against China, came after the Trump administration said earlier this year it was reviewing a deal for the subs signed under previous president Joe Biden.

"The submarines that we're starting to build for Australia are really moving along," Trump told reporters as he sat alongside Albanese in the cabinet room of the White House.

"We've worked on this long and hard, and we're starting that process right now. And it's really moving along very rapidly, very well."

The two leaders also signed a deal on critical minerals and rare earths, which are vital for the technology that runs the global economy.

Albanese has touted Australia's abundant critical minerals as a way to loosen China's grip over global supplies.

The Australian premier meanwhile managed to ride out an awkward confrontation between Trump and Australia's ambassador to Washington -- former prime minister Kevin Rudd.

Rudd deleted a series of critical social media posts about Trump following the Republican's election victory last year.

"I don't like you either. I don't. And I probably never will," Trump said to Rudd when a reporter pointed out that the ex-PM was in the room and asked the US president whether he minded the comments.

Australians have a mostly unfavorable view of the Trump administration, polling shows, though the country relies on the United States to balance China's expanding military clout in the Pacific region.

- Rare earths -

Australia's government had been hoping for Trump's blessing of the 2021 agreement for at least three of the silent, Virginia-class submarines within 15 years.

The AUKUS submarine deal between Australia, the United Kingdom and the United States could cost Australia up to US$235 billion over the next 30 years, according to Canberra.

But the Trump administration said in June it had put AUKUS under review to ensure it aligned with his "America First agenda."

Some domestic critics had said the United States did not produce enough Virginia-class submarines to supply Australia as well as its own navy.

The nuclear-powered vessels lie at the heart of Australia's strategy of improving its long-range strike capabilities in the Pacific.

Australia had a major bust-up with France after it tore canceled a multibillion-dollar deal to buy a fleet of diesel-powered submarines from Paris and go with the AUKUS program instead.

In the run-up to the White House talks, Australia also sold itself to Washington as a future source of critical minerals including rare earths -- of which China is by far the world's largest supplier.

Australia sits on deposits of lithium, cobalt and manganese as well as rare earth metals used in technologies from semiconductors to defense hardware, electric cars and wind turbines.

Albanese announced plans in April for a strategic reserve of critical minerals to provide to "key partners" such as the United States.

The reserve is designed to help relax China's chokehold on global critical minerals production, which it has been accused of leveraging to pressure trade partners.

Trump this month threatened 100-percent tariffs on China in response to its latest rare earths export curbs.

But Trump insisted on Monday that he now predicted a good trade deal with China at talks in South Korea with Chinese President Xi Jinping.

L.Johnson--ThChM