"Donald Trump and Anthony Albanese announced an agreement on rare earth minerals and expressed support for the "AUKUS" nuclear submarine deal. The agreement comes as the US seeks to reduce dependence on China. Donald Trump is hosting Australia's Anthony Albanese at the White HouseImage: Yuri Gripas/UPI Photo/Newscom/picture alliance US President Donald Trump and Australian Prime Minister Anthony Albanese Monday signed an agreement on Australia's rare earth minerals."
"Donald Trump is hosting Australia's Anthony Albanese at the White HouseImage: Yuri Gripas/UPI Photo/Newscom/picture alliance US President Donald Trump and Australian Prime Minister Anthony Albanese Monday signed an agreement on Australia's rare earth minerals. The agreement comes as China puts new restrictions on rare earth exports, prompting Trump to impose an additional 100% tariff on imports from China from next month. More to follow.... Edited by: Saim Dusan Inayatullah"
U.S. President Donald Trump and Australian Prime Minister Anthony Albanese signed an agreement on Australia's rare earth minerals during a White House meeting. The leaders expressed support for the AUKUS nuclear submarine partnership. The deal aims to bolster supply chains as China tightens restrictions on rare earth exports. The U.S. announced a forthcoming additional 100% tariff on certain imports from China to reduce reliance on Chinese supply. The agreement frames bilateral cooperation on critical minerals and security and signals closer U.S.–Australia coordination on trade and defense. Further details were indicated as forthcoming.
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