Follow today’s news live.
The prime minister, Anthony Albanese, says he didn’t directly ask the incoming US president, Donald Trump, to exempt Australia from a new tariffs regime.
Trump has flagged tariffs on imports to the US of between 10 and 20%, and up to 60% on Chinese goods.
David Speers: Did you ask Donald Trump in your phone call to give Australia an exemption from any tariffs?
Anthony Albanese: No, I pointed out, though, to President Trump, that the United States has a trade surplus with Australia. It’s had that trade surplus since Truman was president. So both the United States and Australia benefit from the trade between our two countries.
[My comments were] squarely aimed at one thing - Australia’s national interest.
We’re a trading nation and I support free and fair trade. One-in-four Australian jobs depends on trade. 75% of our trade occurs with Apec nations.
Continue reading...