The Prague Post - Trump says Australia will get submarines as PM visits

EUR -
AED 4.229429
AFN 72.554099
ALL 95.750385
AMD 433.579157
ANG 2.061548
AOA 1056.061981
ARS 1575.408069
AUD 1.67154
AWG 2.075848
AZN 1.953128
BAM 1.951537
BBD 2.31593
BDT 141.090548
BGN 1.968524
BHD 0.434187
BIF 3415.530825
BMD 1.151649
BND 1.477682
BOB 7.963603
BRL 6.031528
BSD 1.149833
BTN 108.365851
BWP 15.811038
BYN 3.453077
BYR 22572.322488
BZD 2.312637
CAD 1.595282
CDF 2632.098124
CHF 0.917732
CLF 0.027078
CLP 1069.178987
CNY 7.959565
CNH 7.968583
COP 4248.882697
CRC 533.098361
CUC 1.151649
CUP 30.518701
CVE 110.029407
CZK 24.528054
DJF 204.762896
DKK 7.47183
DOP 69.32374
DZD 153.273336
EGP 60.812715
ERN 17.274737
ETB 177.708377
FJD 2.599733
FKP 0.862658
GBP 0.865389
GEL 3.10365
GGP 0.862658
GHS 12.571863
GIP 0.862658
GMD 84.641115
GNF 10080.278384
GTQ 8.797316
GYD 240.572357
HKD 9.021524
HNL 30.532443
HRK 7.531328
HTG 150.582538
HUF 389.632783
IDR 19550.395232
ILS 3.63351
IMP 0.862658
INR 109.213761
IQD 1506.356892
IRR 1512460.771615
ISK 143.403571
JEP 0.862658
JMD 180.714227
JOD 0.816531
JPY 184.176325
KES 149.36272
KGS 100.712255
KHR 4604.680719
KMF 491.754112
KPW 1036.585888
KRW 1737.630963
KWD 0.354305
KYD 0.958273
KZT 553.941379
LAK 24836.233141
LBP 102969.388375
LKR 361.628007
LRD 211.021828
LSL 19.67133
LTL 3.40052
LVL 0.696621
LYD 7.342609
MAD 10.736146
MDL 20.196651
MGA 4792.260345
MKD 61.606169
MMK 2421.386578
MNT 4122.891314
MOP 9.265936
MRU 45.866614
MUR 53.862385
MVR 17.804188
MWK 1993.83174
MXN 20.726747
MYR 4.616985
MZN 73.601955
NAD 19.67116
NGN 1594.089847
NIO 42.314437
NOK 11.164197
NPR 173.363228
NZD 1.997921
OMR 0.442797
PAB 1.149888
PEN 3.979572
PGK 4.9688
PHP 69.61833
PKR 321.001394
PLN 4.286179
PYG 7527.1966
QAR 4.193095
RON 5.096969
RSD 117.435999
RUB 93.43119
RWF 1679.136984
SAR 4.320808
SBD 9.261533
SCR 15.509187
SDG 692.141255
SEK 10.865251
SGD 1.482109
SHP 0.864035
SLE 28.273184
SLL 24149.518406
SOS 657.124504
SRD 43.258264
STD 23836.811334
STN 24.4449
SVC 10.06167
SYP 127.287496
SZL 19.668995
THB 37.907651
TJS 11.005327
TMT 4.042288
TND 3.383714
TOP 2.772894
TRY 51.202141
TTD 7.804544
TWD 36.853114
TZS 2970.088034
UAH 50.455328
UGX 4277.766223
USD 1.151649
UYU 46.620985
UZS 14006.28025
VES 536.68938
VND 30320.041852
VUV 137.860671
WST 3.172602
XAF 654.49026
XAG 0.016752
XAU 0.00026
XCD 3.11239
XCG 2.072401
XDR 0.813976
XOF 654.495931
XPF 119.331742
YER 274.840667
ZAR 19.771284
ZMK 10366.224424
ZMW 21.588806
ZWL 370.830542
  • CMSD

    0.0700

    22.75

    +0.31%

  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    -0.0900

    22.82

    -0.39%

  • NGG

    -1.8900

    82.4

    -2.29%

  • JRI

    -0.0300

    12.07

    -0.25%

  • RIO

    -1.7500

    85.79

    -2.04%

  • BCC

    -0.3600

    74.29

    -0.48%

  • BP

    0.7600

    46.17

    +1.65%

  • BCE

    -0.0200

    25.47

    -0.08%

  • BTI

    -0.1900

    58.26

    -0.33%

  • GSK

    -0.7600

    53.94

    -1.41%

  • RYCEF

    -0.8200

    15.24

    -5.38%

  • AZN

    -3.7400

    183.4

    -2.04%

  • RELX

    -0.4000

    32.07

    -1.25%

  • VOD

    -0.0900

    14.63

    -0.62%

Trump says Australia will get submarines as PM visits
Trump says Australia will get submarines as PM visits / Photo: SAUL LOEB - 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.

K.Pokorny--TPP