Trump on Australia: Will discuss critical materials/rare earths

Pres. Trump is meeting with Australia’s PM Albanese and says: will talk about trade talk

  • Will talk about trade, submarines
  • WIll also discuss military equipment
  • Will also discuss critical minerals, rare earths
  • Will sign an agreement. Also working with other countries on rare earths
  • working on military ships, vehicles wit Australia
  • talking about taking AUKMUS (Australia, UK, US) to the next level
  • The two leaders sign a critical minerals agreement
  • Expects to expedite nuclear power subs for Australia.
  • On AUKMUS summary deal, see as a deterrent for China
  • On war in Ukraine, I think we will get there.

Trump on China:

  • China has been respectful of us
  • tariff potential 155%: November 1 unless we make a deal.
  • Going to meet with China PM Xi in South Korea
  • We will see what we can do. Expect to work after deal with Xi
  • Expect to get a fair deal

Albanese says:

There is an $8.5B ready to go

This article was written by Greg Michalowski at investinglive.com.