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

EUR -
AED 4.172583
AFN 72.714994
ALL 94.095258
AMD 416.93039
ANG 2.034203
AOA 1042.439173
ARS 1678.393563
AUD 1.646838
AWG 2.045106
AZN 1.932124
BAM 1.95366
BBD 2.282559
BDT 139.397284
BGN 1.921128
BHD 0.428303
BIF 3385.787417
BMD 1.13617
BND 1.47037
BOB 7.831145
BRL 5.903087
BSD 1.133338
BTN 106.927973
BWP 15.464853
BYN 3.22531
BYR 22268.937374
BZD 2.279363
CAD 1.613407
CDF 2579.106417
CHF 0.921088
CLF 0.026568
CLP 1045.651444
CNY 7.715164
CNH 7.728059
COP 3916.992467
CRC 515.823542
CUC 1.13617
CUP 30.108512
CVE 110.140459
CZK 24.263314
DJF 201.818011
DKK 7.474359
DOP 66.785364
DZD 151.644677
EGP 56.259632
ERN 17.042554
ETB 180.253457
FJD 2.574679
FKP 0.863433
GBP 0.861405
GEL 2.999465
GGP 0.863433
GHS 12.746587
GIP 0.863433
GMD 82.364658
GNF 9930.989042
GTQ 8.646261
GYD 237.121874
HKD 8.907746
HNL 30.35879
HRK 7.533145
HTG 148.124464
HUF 354.06242
IDR 20476.060681
ILS 3.389111
IMP 0.863433
INR 107.255213
IQD 1488.383059
IRR 1562290.935301
ISK 143.997977
JEP 0.863433
JMD 178.622739
JOD 0.805514
JPY 183.844277
KES 147.167707
KGS 99.358247
KHR 4556.042688
KMF 493.097649
KPW 1022.553644
KRW 1756.627155
KWD 0.351815
KYD 0.944449
KZT 549.268583
LAK 25069.596973
LBP 101492.423899
LKR 381.944839
LRD 206.260402
LSL 18.848876
LTL 3.354815
LVL 0.687258
LYD 7.277995
MAD 10.697607
MDL 20.116607
MGA 4831.642929
MKD 61.621185
MMK 2385.4291
MNT 4071.833326
MOP 9.152312
MRU 45.526079
MUR 54.75243
MVR 17.553721
MWK 1973.527785
MXN 19.891724
MYR 4.680112
MZN 72.597053
NAD 18.849181
NGN 1562.427472
NIO 41.594972
NOK 11.221204
NPR 171.083805
NZD 2.013504
OMR 0.436864
PAB 1.133318
PEN 3.887952
PGK 4.973595
PHP 69.722796
PKR 315.39418
PLN 4.2841
PYG 6925.382454
QAR 4.141347
RON 5.232743
RSD 117.37322
RUB 85.441876
RWF 1665.460754
SAR 4.266307
SBD 9.148389
SCR 15.044871
SDG 681.702207
SEK 11.070417
SGD 1.473589
SHP 0.848266
SLE 28.174058
SLL 23824.926728
SOS 647.684732
SRD 42.401842
STD 23516.430757
STN 24.473404
SVC 9.916961
SYP 125.583284
SZL 18.765698
THB 37.928752
TJS 10.477437
TMT 3.976596
TND 3.337505
TOP 2.735626
TRY 52.962799
TTD 7.697432
TWD 36.197931
TZS 2975.557203
UAH 50.960498
UGX 4193.258468
USD 1.13617
UYU 45.468786
UZS 13613.845773
VES 705.281089
VND 29904.001617
VUV 136.136759
WST 3.156026
XAF 655.218994
XAG 0.019775
XAU 0.000283
XCD 3.070557
XCG 2.042526
XDR 0.814896
XOF 655.227635
XPF 119.331742
YER 271.118684
ZAR 18.750127
ZMK 10226.89091
ZMW 20.456229
ZWL 365.846365
  • CMSC

    -0.0190

    22.046

    -0.09%

  • RBGPF

    0.0000

    61.3

    0%

  • RYCEF

    0.7000

    18.7

    +3.74%

  • GSK

    0.8000

    51.89

    +1.54%

  • BCE

    0.0000

    23.2

    0%

  • BTI

    1.0900

    62.48

    +1.74%

  • AZN

    2.6600

    185.68

    +1.43%

  • CMSD

    -0.0900

    21.93

    -0.41%

  • NGG

    0.5900

    83.42

    +0.71%

  • RIO

    1.0800

    95.11

    +1.14%

  • RELX

    -0.2300

    30.92

    -0.74%

  • BP

    -0.1400

    37.72

    -0.37%

  • VOD

    0.0500

    13.86

    +0.36%

  • BCC

    2.1000

    79.76

    +2.63%

  • JRI

    0.0100

    12.58

    +0.08%

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