The Briefing
Malcolm Turnbull explains what Trump 2.0 means for Australia
Nov 7, 2024
Former Australian Prime Minister Malcolm Turnbull shares his insider perspective on what a potential Trump return means for Australia. He discusses strategies current PM Anthony Albanese should adopt, revealing Trump’s unpredictable nature behind closed doors. Turnbull highlights the economic impacts of Trump's tariffs and his non-interventionist foreign policy. He also delves into the upcoming Australian election, comparing it to American politics and analyzing the rise of strongman dynamics in global democracy.
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Quick takeaways
- Malcolm Turnbull advises that Prime Minister Albanese should adopt a strong approach in dealings with a potentially unpredictable Trump 2.0 to avoid increased bullying.
- The second Trump presidency could severely impact Australia's economy, especially through potential tariffs on imports that threaten global trade.
Deep dives
Implications of Trump's Return for Australia
A second Trump presidency will present significant challenges for Australia, potentially being wilder than his first term. Former Prime Minister Malcolm Turnbull advises current Prime Minister Anthony Albanese to adopt a strong stance rather than trying to flatter Trump, as he did during his own interactions with the former president. Turnbull emphasizes that Trump's personality demands respect through strength; giving in to his demands will only lead to increased bullying. He cites previous successful negotiations, such as exemptions from tariffs on steel and aluminum, achieved by standing firm on important issues for Australia.
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