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US, European Union Strike Trade Pact; Australia Inks New Submarine Deal With UK

Bloomberg Daybreak: Asia Edition

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AUKUS Pact: Implications and Challenges

This chapter explores the recent review of the AUKUS defense pact, focusing on the potential growth of the UK's nuclear submarine fleet and Australia's financial role in U.S. shipbuilding. It discusses the mixed reactions from Australia, the geopolitical implications of the pact in relation to China, and ongoing negotiations affecting trade agreements.

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