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Re: fuagf post# 313577

Thursday, 06/27/2019 3:09:03 AM

Thursday, June 27, 2019 3:09:03 AM

Post# of 575510
Donald Trump and Scott Morrison to meet while at G20 to discuss US-China trade war

"Trump Administration Considered Tariffs on Australia
[...]
Some of President Trump’s top trade advisers had urged the tariffs as a response to a surge of Australian aluminum
flowing onto the American market over the past year. But officials at the Defense and State Departments told
Mr. Trump the move would alienate a top ally and could come at significant cost to the United States.
"

By national affairs correspondent Greg Jennett in Japan

Posted earlier today at 12:52am


Photo: The world leaders met at last year's G20 in Buenos Aires, months after Scott Morrison
took office. (AP: Martinez Monsivais)

Related Story: Scott Morrison says Donald Trump's trade war with China is causing global collateral damage
https://www.abc.net.au/news/2019-06-26/scott-morrison-us-trump-xi-china-trade-war-damage/11246486

Related Story: Fed asserts its independence from Trump and downplays rate cut expectations
https://www.abc.net.au/news/2019-06-26/wall-street-falls-federal-reserve-chair-donald-trump-independent/11247086

Related Story: White House is 'afflicted by mental retardation': Iran President mocks Trump following sanctions
https://www.abc.net.au/news/2019-06-25/new-us-sanctions-on-iran-supreme-leader-provocation/11243664

Related Story: What Trump's trade tirade means for Australia
https://www.abc.net.au/news/2019-05-27/what-donald-trumps-trade-tirade-means-for-australia/11151450

Related Story: Trump likens Morrison's election victory to his 2016 presidential win and Brexit
https://www.abc.net.au/news/2019-05-20/donald-trump-and-scott-morrison-election-result-call-leak/11131592

Scott Morrison will today deliver a direct plea to Donald Trump
to bring an end to the US President's trade war with China.


Key points:

* The PM has secured a "working dinner" with the President in Japan on the eve of the G20 Summit

* The pair are expected to discuss "the strength and candour of the Australia-US relationship"

* Mr Morrison has been blunt in assessing the damage the US-China trade war is inflicting on the world economy

In his first Summit meeting since being re-elected last month, the Prime Minister has secured a "working dinner" with Mr Trump and his most trusted advisers in Osaka, Japan, on the eve of this year's G20 talks.

With a weakening Australian economy, Mr Morrison and the Reserve Bank of Australia governor are growing anxious over the suppressive effects of current and threatened trade tariffs the Trump administration has slapped on Chinese imports to America .. https://www.abc.net.au/news/2019-02-15/can-us-china-trade-relations-ever-be-the-same-again/10815586 .

Soon after landing in Osaka, Mr Morrison, his Finance Minister Mathias Cormann, Trade Minister Simon Birmingham and Australia's ambassador to Washington Joe Hockey will enter their meeting to stress what Mr Morrison calls the "strength and candour of the Australia-US relationship".

The US President is expected to be flanked by Secretary of State Mike Pompeo, Treasury Secretary Steven Mnuchin, trade representative Robert Lighthizer and national security adviser John Bolton.

Mr Trump's daughter and senior adviser Ivanka Trump is also due to attend the talks.

What Donald Trump's trade tirade means for Australia
The trade hostilities between the US and China have not hurt Australia yet,
but the tensions do not bode well for the Morrison Government, writes Ian Verrender.
https://www.abc.net.au/news/2019-05-27/what-donald-trumps-trade-tirade-means-for-australia/11151450

In recent weeks the Prime Minister has been blunt in his assessment of the damage the US-China trade war is inflicting on the world economy .. https://www.abc.net.au/news/2019-06-26/scott-morrison-us-trump-xi-china-trade-war-damage/11246486 , including Australia's, by creating uncertainty and an investment slowdown by major firms.

"The collateral damage is spreading," he said in a speech in Sydney on Wednesday.

"The impact of any further deterioration of the relationship will not be limited to these two major powers."

In the same speech, made before leaving Australia for the G20, Mr Morrison also signalled his intention to run a foreign policy that recognised its historical ties to Washington, but not to Beijing's exclusion.

"We will play our part. We will not be passive bystanders [on helping manage China-US relations]," Mr Morrison said.

On his talks with Mr Trump in Osaka, the Prime Minister intends to follow up that message with a reminder that "Australia and the United States have different but complementary roles to play in the Indo-Pacific".

Tariffs, Iran and North Korea could be on the agenda

Securing the Trump meeting — among the President's first in a hectic three-day schedule in Japan and South Korea — is diplomatic recognition of Mr Morrison's enhanced presence on the world stage and the validating effect his May 18 re-election victory has in the eyes of others.

The Prime Minister may choose to use it to advance other arguments too, including a request that Mr Trump not back down on his decision in April last year to exempt Australia from punitive steel and aluminium tariffs designed to protect American jobs in those industries.

Australian industry has been alarmed by recent US media reports that Australia's tariff-free status could be under review by the White House.

The presence of trade representative Mr Lighthizer offers an opportunity for Mr Morrison to make his case for ongoing exemptions, which would need to be weighed against the risk of arousing Mr Trump's strong protective instincts, especially towards the metals and manufacturing industries.

How likely is a US-Iran conflict?
US-Iran tensions are on the rise. Here's what that could
mean for Australia, the region and world oil prices.
https://www.abc.net.au/news/2019-06-18/iran-us-conflict-over-oil-tankers-attack/11216380

But the evening meeting in Osaka will not be restricted to trade and economic matters — the Prime Minister has also flagged his intention to discuss the flare-up between the US and Iran in the Middle East .. https://www.abc.net.au/news/2019-06-25/new-us-sanctions-on-iran-supreme-leader-provocation/11243664 .. and North Korean de-nuclearisation .. https://www.abc.net.au/news/2019-06-23/kim-jong-un-receives-letter-from-donald-trump-state-media-says/11238850 .

Both of these security flashpoints will be features of talks between all leaders at the G20-proper, held over Friday and Saturday.

At the end of the Summit, Mr Trump will travel to South Korea, where a presidential visit to the de-militarised zone (DMZ) between South and North is widely expected as a possible precursor to another round of talks between the US leader and dictator Kim Jong-un in the future.

https://www.abc.net.au/news/2019-06-27/scott-morrison-meeting-us-president-donald-trump-at-g20/11250528

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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