Why Should We Care About the Indo-Pacific? Why Should We Care About U.S.-Australia Relations in the Age of Trump? | with Former Ambassador Joe Hockey
In this compelling episode of "Why Should We Care about the Indo-Pacific," hosts Ray Powell and James Carouso welcome Joe Hockey, former Australian Treasurer and Ambassador to the United States. Hockey, who now heads Bondi Partners, offers unique insights into U.S.-Australia relations during both Trump administrations.
Episode Highlights:
Hockey shares his firsthand experience of "Trumpageddon" during the transition from Obama to Trump's first administration, describing it as a "political tsunami" that hit Washington DC. He contrasts Trump 1.0's disorganization with Trump 2.0's more predictable but aggressive "political blitzkrieg" approach.
The conversation explores recent challenges in the alliance, including new tariffs on Australian steel and aluminum under Trump's second term. Hockey explains how Australia previously secured exemptions during Trump's first term by emphasizing their status as America's closest ally according to Republican voters and highlighting their trade deficit with the U.S.
When discussing concerns about the reliability of the U.S. alliance, Hockey dismisses what he calls "alarmist" views, emphasizing the deep integration between the two nations' military and intelligence communities. He pointedly asks, "What is Plan B?" when considering alternatives to the U.S. alliance, especially in light of recent Chinese naval exercises near Australia.
The discussion also covers Australia's upcoming May 2025 election, defense spending needs, AUKUS submarine acquisition challenges, and the complex relationship with China. Hockey advocates for increasing Australia's defense spending to around 3% of GDP while encouraging more private sector involvement in defense infrastructure.
Hockey concludes by sharing the touching origin story of his "100 Years of Mateship" initiative, which commemorated the centennial of U.S. and Australian troops fighting side by side at the Battle of Hamel in World War I – the beginning of an unbroken alliance that continues to this day.
Don't miss this insightful conversation about one of America's most crucial alliances in an increasingly complex Indo-Pacific region.
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Our podcast is produced by Ian Ellis-Jones and IEJ Media (on X @ianellisjones or LinkedIn).
This podcast is sponsored by BowerGroupAsia, a strategic advisory firm that specializes in the Indo-Pacific.