Politics Now Defence not a "bargaining chip" in Trump negotiations || Insiders On Background
Apr 4, 2025
Former Prime Minister John Howard shares his insights on the importance of defense in international negotiations, stressing it should never be a bargaining chip against tariffs imposed by Trump. He critiques the economic reasoning behind these tariffs, predicting political repercussions for Trump. The conversation highlights the significance of Australia and the U.S. maintaining a robust defense partnership, especially in light of global economic fluctuations and shifting alliances in the Asia-Pacific region.
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Tariffs: Bad Economics
- Tariffs are bad economics, costing jobs rather than saving them.
- Australia successfully cut tariffs, demonstrating this principle.
Responding to Trump
- Respond to Trump's tariffs calmly and strategically.
- Avoid escalating the situation with strong words of outrage.
Past Tariff Exemption
- Australia obtained a total exemption from Bush administration steel tariffs.
- This success was attributed to Howard's relationship with the president.