Berliner Boersenzeitung - Australian PM vows not to bow to Trump on national interest

EUR -
AED 4.089192
AFN 72.375297
ALL 90.522135
AMD 403.960011
ANG 1.992858
AOA 1022.158315
ARS 1721.026204
AUD 1.622555
AWG 2.004232
AZN 1.896276
BAM 1.949815
BBD 2.252143
BDT 139.432002
BGN 1.946144
BHD 0.421903
BIF 3345.395827
BMD 1.113462
BND 1.429654
BOB 13.263287
BRL 6.211445
BSD 1.118367
BTN 105.10238
BWP 15.342766
BYN 3.348417
BYR 21823.857856
BZD 2.249176
CAD 1.584629
CDF 2577.664591
CHF 0.923589
CLF 0.027839
CLP 1095.680494
CNY 7.427182
CNH 7.425395
COP 3684.47961
CRC 505.844995
CUC 1.113462
CUP 26.84037
CVE 109.927568
CZK 24.381701
DJF 199.118389
DKK 7.475084
DOP 67.831481
DZD 152.094503
EGP 59.632022
ERN 16.701932
ETB 179.434408
FJD 2.519208
FKP 0.83586
GBP 0.836605
GEL 2.8909
GGP 0.83586
GHS 13.095801
GIP 0.83586
GMD 82.395958
GNF 9907.543483
GTQ 8.545768
GYD 234.340672
HKD 8.735945
HNL 30.063268
HRK 7.537036
HTG 146.586749
HUF 365.29322
IDR 20242.407585
ILS 3.533294
IMP 0.83586
INR 104.319432
IQD 1695.380662
IRR 2122342.339778
ISK 136.788751
JEP 0.83586
JMD 177.493575
JOD 0.789402
JPY 177.191876
KES 144.72809
KGS 97.371816
KHR 4561.020051
KMF 492.150581
KPW 1002.115879
KRW 1485.881747
KWD 0.346409
KYD 0.931931
KZT 499.292895
LAK 25171.941393
LBP 100144.948857
LKR 371.665803
LRD 190.11472
LSL 18.333846
LTL 3.287764
LVL 0.673522
LYD 7.168994
MAD 10.909213
MDL 20.095683
MGA 5110.791458
MKD 61.532684
MMK 2337.98716
MNT 4012.309549
MOP 9.036082
MRU 45.114315
MUR 52.522235
MVR 17.145125
MWK 1939.229956
MXN 20.722015
MYR 4.535686
MZN 71.160941
NAD 18.334257
NGN 1498.887566
NIO 40.91944
NOK 10.621132
NPR 168.163054
NZD 1.993353
OMR 0.428136
PAB 1.118367
PEN 3.811298
PGK 5.008631
PHP 70.414184
PKR 309.295093
PLN 4.403453
PYG 6902.757521
QAR 4.076686
RON 5.344281
RSD 117.600504
RUB 92.249092
RWF 1654.606189
SAR 4.183295
SBD 9.008741
SCR 15.35965
SDG 669.749634
SEK 11.049609
SGD 1.42779
SHP 0.834335
SLE 25.503035
SLL 23348.749147
SOS 639.13239
SRD 41.806022
STD 23046.418134
STN 24.424807
SVC 9.785874
SYP 14477.234335
SZL 18.339705
THB 37.488059
TJS 10.27756
TMT 3.897117
TND 3.340082
TOP 2.680949
TRY 55.931898
TTD 7.58465
TWD 36.590149
TZS 2948.514585
UAH 50.865607
UGX 4562.993512
USD 1.113462
UYU 45.250693
UZS 13391.53277
VES 1002.662073
VND 28565.314355
VUV 133.411902
WST 3.103285
XAF 655.957
XAG 0.021085
XAU 0.000275170461
XCD 3.009187
XCG 2.015495
XDR 0.787276
XOF 655.957
XPF 119.331742
YER 263.331712
ZAR 18.432803
ZMK 10022.446406
ZMW 22.782589
ZWL 358.534353
SSP 6397.282577
MXV 2.32832
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Australian PM vows not to bow to Trump on national interest
Australian PM vows not to bow to Trump on national interest / Photo: Saeed KHAN - AFP

Australian PM vows not to bow to Trump on national interest

Prime Minister Anthony Albanese promised on Wednesday to defend Australia's interests in its trade tangle with the United States, in a televised debate ahead of May 3 national elections.

Text size:

US President Donald Trump's 10 percent tariffs on close ally Australia have loomed large in the duel between 62-year-old Albanese and his hard-nosed conservative challenger, former policeman Peter Dutton.

Asked if he trusted the US president, Albanese said he had "no reason not to" despite Trump having promised to give "great consideration" to Canberra's free trade arguments before deciding to impose the tariffs anyway.

"We made it very clear that it was an act of self-harm," the centre-left Labor Party leader said.

But Albanese said his government "won't budge" from Australian policies to ensure access to cheap medicines, enforce health rules on beef imports, and make big social media platforms pay for using local Australian news.

"We will stand up for Australia's national interest, because that is important," he said.

Albanese's Labor Party has crept into a narrow lead in recent opinion polls, with some pundits citing public support for his criticism of the US tariffs that he has denounced as "not the act of a friend".

Dutton -- running with the slogan "Let's get Australia back on track" -- has abandoned a poorly received promise to ban working from home for public sector staff, and softened a plan to axe tens of thousands of public sector jobs.

Asked if he trusted Trump, Dutton replied: "Well, we trust the United States. And I don't know the president. I have not met him."

But the 54-year-old opposition leader said his Liberal-National Party conservative coalition had contacts in the White House that would enable it to open negotiations on the tariffs.

"We should be doing everything we can to enhance the relationship, to make our two countries stronger together," he said.

"We have stood with America in every battle. It's an incredible relationship."

- Nuclear reactors -

On defence, Albanese denied having any contingency plans in case the Trump administration pulls out of a US-British-Australian agreement to equip Australia's navy with stealthy, nuclear-powered submarines.

The so-called AUKUS agreement "is in the interest of the US", he said.

Both sides have promised measures to tame the cost of living, which top voters' concerns in the polls.

However, their biggest divide is on how to tackle climate change.

Albanese's government has embraced the global push towards decarbonisation, warning of a future in which iron ore and polluting coal exports no longer prop up the economy.

His election catchcry is "building Australia's future" -- an agenda that includes big subsidies for renewable energy and green manufacturing in the sun-soaked country.

Dutton's signature policy is a US$200 billion scheme to construct seven industrial-scale nuclear reactors while slowing the rollout of solar and wind-generated energy.

Dutton said in Wednesday's debate on public broadcaster ABC that he would use the federal government's powers to build nuclear power plants "if need be", even in the face of local and state opposition.

Though conceding climate change was having an impact, Dutton said he could not tell whether it was causing specific floods or disasters that were part of the history of Australia.

"I will let scientists and others pass that judgement."

Albanese replied that the science was clear, even if climate change could not be traced to every weather event.

"The science told us that the events would be more extreme and they would be more frequent, and that is what we are seeing playing out," he said.

Voting in Australian elections has been compulsory since 1924.

Registered voters who do not cast their ballot are slapped with an "administrative penalty" of around Aus$20 (US$12). Turnout consistently tops 90 percent.

(K.Müller--BBZ)