logo
Australians Equally Distrust Both Trump and Xi, Survey Finds

Australians Equally Distrust Both Trump and Xi, Survey Finds

Mint8 hours ago

Australians are equally distrustful of both US President Donald Trump and Chinese leader Xi Jinping, according to a new survey, complicating Canberra's task of managing ties with its key security ally and biggest trading partner.
A new survey released by the Lowy Institute think tank in Sydney showed that 72% of respondents said they didn't trust Trump to act responsibly in global affairs, just edging out the 71% who said they didn't trust China's Xi. When asked whether Trump or Xi would be a better partner for Australia, the two leaders were tied at 45% apiece.
The results come as Prime Minister Anthony Albanese attends a Group of Seven meeting in Canada, where he could hold his first face-to-face meeting with the US president. Albanese will be hoping to negotiate an exemption on US steel and aluminum tariffs for Australia, as well as trying to secure Trump's support for Aukus following the announcement in Washington of a review of the security accord.
Albanese's balancing act with Trump is a difficult one. Australians' faith in the US has deteriorated following the president's return to the White House. Trust in America as a global player has fallen to just 36%, by far the lowest result in the Lowy survey's 20-year history.
Yet despite an aversion to Trump, Australians aren't ready to move away from the US as the nation's primary security partner. The survey showed consistent support for the US alliance, with 80% of respondents saying America was important for Australia's security.
Meanwhile, attitudes to China have slightly improved, although Beijing is generally considered less reliable than the US across most metrics.
This article was generated from an automated news agency feed without modifications to text.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump administration unveils ‘golden share' terms in US Steel-Nippon deal
Trump administration unveils ‘golden share' terms in US Steel-Nippon deal

Indian Express

time23 minutes ago

  • Indian Express

Trump administration unveils ‘golden share' terms in US Steel-Nippon deal

The Trump administration has publicly detailed how it plans to exercise control over US Steel under a controversial agreement with Japan's Nippon Steel. The new disclosures build on an executive order signed earlier by President Donald Trump, which approved the foreign investment under a national security agreement. The latest update reveals the terms of a 'golden share' — a special stake granting the US President sweeping powers over the private steelmaker's operations. Commerce Secretary Howard Lutnick took to social media on Saturday to outline the government's powers under the golden share arrangement. The terms include: 'The Golden Share held by the United States in US Steel has powerful terms that directly benefit and protect America, Pennsylvania, the great steelworkers of US Steel, and US manufacturers,' Lutnick wrote on X. President Trump has secured a perpetual Golden Share as part of Nippon Steel's acquisition of U.S. Steel. This partnership between the United States and Nippon Steel includes historic $14 billion investment in U.S. Steel by Nippon Steel that will revitalize this strategic and… — Howard Lutnick (@howardlutnick) June 14, 2025 Lutnick also stated that even changes to the company's investment timeline — including a reported $14 billion in planned investments — would require presidential approval. This figure exceeds the $11 billion investment figure disclosed earlier in a joint statement by US Steel and Nippon Steel. Nippon Steel first announced its bid to acquire US Steel in December 2023, facing initial opposition from both then-President Joe Biden and Donald Trump, who each advocated for US-based ownership. In January 2025, President Biden blocked the deal citing national security concerns, prompting lawsuits from Nippon alleging unfair treatment. However, after returning to office, Trump reversed course and signed the executive order approving the transaction under strict new conditions, including the golden share. According to The Financial Express, the White House emphasised that while the Committee on Foreign Investment in the United States (CFIUS) found 'credible evidence' of potential national security risks, they could be 'adequately mitigated' through this agreement. The United Steelworkers (USW), which represents US Steel employees, criticised Trump for reversing his previous opposition to foreign ownership. 'Neither the government nor the companies have publicly identified what all the terms of the proposed transaction are,' the USW said in a letter posted on Sunday. The union called the move disappointing and noted that its current labor agreement will expire on September 1, 2026. It vowed to push for a fair contract with the new ownership, warning that Trump's control could put him in a delicate position during union negotiations ahead of the midterms. Earlier this month, on June 5, Nippon Steel and the US government requested a pause on ongoing litigation, suggesting they are nearing finalisation of the agreement under the new national security framework. (With inputs from AP, The Financial Express)

Israel-Iran Conflict: Netanyahu says Tehran wants to kill Donald Trump; ‘he's enemy number one'
Israel-Iran Conflict: Netanyahu says Tehran wants to kill Donald Trump; ‘he's enemy number one'

Indian Express

time23 minutes ago

  • Indian Express

Israel-Iran Conflict: Netanyahu says Tehran wants to kill Donald Trump; ‘he's enemy number one'

Israel-Iran nuclear conflict: Israeli Prime Minister Benjamin Netanyahu, on Sunday (June 15), claimed that Iran wanted to kill Donald Trump as the country viewed the United States President as a significant threat to its nuclear program. 'They want to kill him. He's enemy number one,' he said in an interview with Fox News. He further alleged that Tehran orchestrated two failed assassination attempts on Trump during his presidential campaign in 2024. 'These people who chant, 'Death to America,' tried to assassinate President Trump twice,' Netanyahu said. 'Do you want these people to have nuclear weapons and the means to deliver them to your cities?' the Israeli prime minister asked. 'Of course not. So we're defending ourselves, but we're also defending the world.'

Oil prices above $75/bbl as Israel-Iran conflict intensifies
Oil prices above $75/bbl as Israel-Iran conflict intensifies

Mint

time31 minutes ago

  • Mint

Oil prices above $75/bbl as Israel-Iran conflict intensifies

New Delhi: Crude oil prices edged higher early Monday as tensions escalated between Israel and Iran, with both countries targeting each other's key energy infrastructure. Over the weekend, Israel launched airstrikes on several oil and gas fields in Iran, including South Pars, one of the world's largest natural gas reserves. Despite the intensity of the attacks, reports indicated that there has been no immediate disruption to energy supplies. Meanwhile, Iranian missile strikes on northern Israel reportedly caused localized damage to pipelines and transmission lines in the Bazan oil refinery complex near Haifa. While refining operations continue, other functions at the facility have been suspended, according to reports. At 0755am, IST, the August contract of Brent crude on the Intercontinental Exchange was trading at $75.14 per barrel, up 1.24% from previous close. Immediately after Israel attacked Iran, oil prices shot up on Friday. Brent Crude, the global benchmark, had surged 8% to $74 per barrel. Traders remain wary of further escalation, particularly any threat to the Strait of Hormuz—a critical chokepoint through which nearly 20% of the world's oil supply is transported. S&P Global Commodity Insights said Israel's surprise airstrikes on Iranian nuclear sites have jolted global energy markets, sending oil prices higher and fuelling fears of broader regional instability. While the conflict is driving up oil and gas prices in the short term, S&P noted that sustained pressure is unlikely unless crude exports are directly impacted. 'If Iranian crude exports are disrupted, Chinese refiners—the primary buyers of Iranian oil—would be forced to seek alternatives from other Middle Eastern suppliers and Russia,' said Richard Joswick, head of near-term oil analysis at S&P Global. 'This could also lift freight rates and tanker insurance premiums, narrow the Brent-Dubai spread, and hurt refining margins, especially in Asia.' According to the Platts OPEC Survey, Iran produced 3.25 million barrels per day (b/d) of crude in May. It also has around 2.2 million b/d of refining capacity and 600,000 b/d of condensate splitting capacity. However, crude exports slipped below 1.5 million b/d last month as floating storage levels rose amid rising geopolitical tensions. India, which imports over 85% of its crude oil, does not purchase Iranian oil due to US sanctions. Nonetheless, any global supply disruption and price surge increases India's import bill, putting pressure on the rupee and trade balance. JP Morgan recently projected that crude oil prices could surge to $120–130 per barrel if the conflict worsens. 'If prices climb to $120 per barrel, there will be pressure on the forex front and the trade balance due to a higher import bill. However, inflation may not be immediately impacted, as domestic fuel prices are unlikely to be raised in the short term, having remained static even during earlier price dips,' Madan Sabnavis, chief economist at Bank of Baroda, had told Mint earlier.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store