Australia will work with Trump if that’s the card we’re dealt: Treasurer
Cairo: Hani Kamal El-Din
Washington: Federal Treasurer Jim Chalmers insists Australia’s relationship with the United States will remain strong if Donald Trump is re-elected, saying Canberra will “play the cards we’re dealt” after the US presidential election in November.
Speaking in Washington after meeting finance ministers from the G20, the International Monetary Fund and the World Bank, Chalmers also warned that the risk of further escalation in the Middle East could send inflation soaring again.
From left to right: Treasurer Jim Chalmers, British Treasury Secretary Jeremy Hunt, US Treasury Secretary Janet Yellen, Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland, and New Zealand Finance Minister , Nicola Willis.Credit: AP
Noting that a miscalculation “could turn the events of the last few days into a full-blown regional war,” Chalmers said: “This is primarily a concern for innocent people in the Middle East; We don’t want more lives to be lost. But we also don’t want further damage to the global economy.
“So global factors will be a big part of the next few weeks as we put the finishing touches on the budget.”
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