Australia has promptly rejected China’s proposal to collaborate against Donald Trump’s tariffs amid the intensifying trade conflict between Washington and Beijing.
The White House has announced a new import tax of 10% on goods from Australia. In contrast, tariffs on imports from China, Australia’s largest trading partner, have increased to a staggering 125%.
In an opinion piece published on Thursday, China’s ambassador to Australia, Xiao Qian, asserted that collective resistance is “the only way” to counter what he described as the “hegemonic and bullying behavior of the US,” urging Canberra to collaborate in this effort.
Prime Minister Anthony Albanese asserted that Australians would “speak for ourselves,” while the nation’s defense minister emphasized that Australia would not be “holding China’s hand.”
Richard Marles emphasized the importance of prioritizing Australia’s national interests, stating, “It’s not about making common calls with China,” during an interview with the Australian Broadcasting Corporation.
In a surprising turn of events, Trump announced a 90-day pause on his extensive tariff plan. This will impact countries facing elevated US tariffs. In the interim, a 10% tariff will be implemented
However, China stood out as an exception. In response to Beijing’s announcement of an 84% counter-tariff on US goods, the United States has implemented an additional increase in import fees.
Canberra has voiced its displeasure regarding the tariffs but has opted against retaliation instead of pursuing additional negotiations with the White House.
In an opinion piece published by Nine Newspapers, Mr. Xiao articulated his views on the United States’ approach to trade, suggesting that it has been “weaponized.” He voiced apprehension that a “weak compromise” could allow Trump to “sabotage the international order,” potentially leading the global economy into a “quagmire” and an “abyss.”
Australia and China maintain a cooperative relationship characterized by mutual benefits and longevity. He emphasized that collaboration is essential for both nations to ensure the protection of a fair and free trading environment.
The global community must unequivocally reject unilateralism and protectionism.
On Thursday, Albanese addressed reporters, emphasizing the significance of Australia’s trade relationship with China. He noted, however, that the country is actively seeking additional export opportunities beyond the United States.
According to recent data, a significant portion—eighty percent—of global trade occurs without the involvement of the United States. “Australia has opportunities ahead, and we plan to take advantage of them,” he stated.
Marles stated that Australia aims to reduce its dependence on China to enhance “economic resilience.” He emphasized that the nation’s strategy will concentrate on diversifying trade, particularly with Indonesia, India, the UK, and the UAE.
Recently, Australian Trade Minister Don Farrell has engaged in discussions with representatives from Japan, Singapore, South Korea, and India.
