Australia, Trump and submarine
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The Pentagon is reviewing the AUKUS security pact between the U.S., the United Kingdom and Australia, USNI News has learned. The Office of the Secretary of Defense is conducting a review of the agreement,
Investors should not read too much into the AUKUS review. New US administrations routinely revisit major policies and deals as a regular exercise in due diligence.
The Pentagon has launched a review of the Biden-era Aukus pact to develop nuclear-powered submarines with Australia and the UK, as the Trump administration looks to shift the burden for collective defense to allies and make sure the US has enough warships of its own.
There is growing concern that production is not rolling out quickly enough to meet the commitment. Read more at straitstimes.com. Read more at straitstimes.com.
Little penguins could prove to be a big headache for Australia’s AUKUS program. Work on the key infrastructure needed to support the first Australia-based nuclear-powered submarines will be just one broken wing away from being forced to stop, at least temporarily, under conditions imposed on the project by Environment Minister Murray Watt.