Australia prepares for potential challenges as Trump likely returns to presidency
As Donald Trump appears likely to win the presidency again, the Australian government is preparing for potential challenges. They anticipate tariffs on exports, a shrinking global economy, and a shift in global power dynamics away from the U.S.
Concerns are rising about Trump's unpredictability, which could increase global tensions. His protectionist policies may disrupt world trade, and his foreign policy could embolden countries like China and Russia.
In response, the Albanese government is focusing on building relationships with Trump’s inner circle. They aim to strengthen ties to navigate the uncertainties of a second Trump administration.