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Australia to continue the push on trade, climate action

Anthony Albanese will attend the G20 Leaders’ Summit in Rio after the APEC summit in Lima. (AP PHOTO)

By Tess Ikonomou

Australia will continue advocating for free trade amid a looming trade war between the US and China, as Anthony Albanese jets off to the G20 Leaders’ Summit in Brazil.

Speaking at the APEC Summit in Lima before flying to Rio de Janeiro for the G20, the prime minister was spruiking Australia as a renewable energy superpower.

Mr Albanese might meet with Chinese President Xi Jinping in Brazil, where climate change action is expected to dominate talks.

President-elect Donald Trump has suggested the US will impose tariffs on imports between 10-20 per cent and up to 60 per cent on Chinese goods.

The prime minister said he would continue to push for an exemption on Australian products, pointing to the US enjoying a trade surplus.

“The role that Australia can play is to be a strong, consistent advocate for markets, for free and fair trade, for jobs to be created,” he told ABC’s Insiders on Sunday.

“Trade has not just benefited the industrialised nations like Australia, to be able to export our resources, export manufactured goods, export services such as education.

“It’s also lifted up in this region, literally tens of millions of people out of poverty.”

UNSW Professor Peter Swan questioned the impact on the relationship with Washington, with Mr Albanese being “so out of step” with the US on resolving the conflict in the Middle East as well as energy and climate policies.

“We’re further and further away from the US, just at the strategic time where when our ability to defend ourselves probably at the lowest point ever… so we’re choosing the worst possible time to be very offensive towards the US,” he told AAP.

Prof Swan said the uncertainty created by Mr Trump was part of his bargaining strategy, to dangle bad outcomes in front of his opponents in a bid to get a better deal.

Economics professor Richard Holden said with the election of Mr Trump, the G20 would be a bit of a “fizzer” with current US President Joe Biden a “lame duck”.

“These meetings are always a little bit of a talkfest but it seems likely to be even more so this time and there’s important things there,” he said.

“President-elect Trump’s shadow will be cast over the whole thing.”

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2 Responses to Australia to continue the push on trade, climate action

cbrapsycho says: 17 November 2024 at 3:36 pm

Why would anyone pay any attention to what a finance bod says? This industry and most of those in it are purely focused on money and looking after themselves. Knowledge of politics and human behaviour is non-existent as is obvious from most of their economic models, yet these areas of expertise are essential to deal effectively with Trump and what will be his America.

Trump has no respect for those who crawl to him, just ensures that he uses them to his advantage. Is that what we want from our PM? Do we want our country to be complicit in genocide? Do we want to follow the US example? Especially with Trump in the lead? Also, if we want to deal effectively with the US we must not be taken for granted as endorsing whatever they want without considering the impact on our own country.

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cbrapsycho says: 17 November 2024 at 3:45 pm

Of course these finance people want us to support Trump and his policies that will further enrich the finance industry by dispensing with rules that protect normal people from exploitation by this lucrative, dishonest and abusive industry. Didn’t we learn anything from the royal commission into that industry? Do we really want the rich to get richer whilst we increase poverty, dissatisfaction, disenfranchisement and anger amongst those doing it tough? Do we want to be more like the US?

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