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Albanese rebuffs China’s offer and reiterates that ‘free and fair trade is a good thing’

Back to tariffs: it’s pointed out to Albanese that when he says no one’s got a better deal than Australia, most countries are all in the same boat now, facing 10% tariffs on goods sold in the US.

The best deal is zero: that is why we are continuing the to put forward at every avenue at our disposal. The changes that have occurred from day-to-day, what they emphasise is the need for a considered, calibrated, clear position when negotiating over these international issues.

Albanese says the government were prepared for the tariffs. He takes aim at Peter Dutton’s approach – he had suggested that defence should be put on the negotiating table. Albanese says:

You do not dial it up to 11 at every opportunity, which is what Peter Dutton’s plan is on everything.

Asked as well whether Australia will “join hands” with China – as its ambassador to Australia, Xiao Qian, has suggested in an op-ed in the Nine Newspapers, Albanese says:

We will speak for ourselves. Australia’s position is that free and fair trade is a good thing

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Key events

Would the Coalition “join hands” with China, as its ambassador to Australia, Xiao Qian is suggesting?

Dutton says Australia should have a “strong trading relationship with China”, to secure jobs and investment.

But at the same time, he says Australia needs to have a “rock solid” relationship with the US and UK through Aukus and Anzus.

I believe that we can work very closely with China on building our trading relationship and have a respectful relationship with China. As a country, we have to stand up for our interests and we can’t do that with a weak prime minister.

He accuses Labor of having taken out $80bn in defence funding (though Labor says it’s added $50bn to the defence budget over the next decade).

Dutton also says Albanese is having his “strings pulled by a junior coalition partner in Adam Bandt”, who has repeatedly called for the end of Aukus.

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