The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Politics

US to expedite nuclear-powered subs to Australia that will sit near China’s doorstep

by admin October 21, 2025
October 21, 2025
US to expedite nuclear-powered subs to Australia that will sit near China’s doorstep

The U.S. wants to fast-track outfitting Australia with nuclear submarines under the trilateral agreement between the U.S., Australia and the U.K. to beef up Australia’s submarine force aimed at countering Chinese influence in the Indo-Pacific. 

In the agreement, known as AUKUS, the U.S. will sell up to five Virginia-class nuclear-powered submarines to Australia — slated for delivery as soon as 2032. Additionally, Australia and the U.K. will then coordinate to build additional attack submarines for Australia’s fleet. 

But President Donald Trump told reporters that he is eyeing a faster timeline, when asked if he was interested in speeding up the process. 

‘Well we are doing that, yeah … we have them moving very, very quickly,’ Trump told reporters Monday while meeting with Australia’s prime minister, Anthony Albanese, at the White House. 

Even so, Trump also said that he didn’t believe that AUKUS was necessary to deter China as he touted his relationship with Chinese President Xi Jinping, who he is expected to meet with in South Korea later in October. 

‘I don’t think we’re going to need it,’ Trump said about the trilateral agreement. ‘I think we’ll be just fine with China. China doesn’t want to do that. First of all, the United States is the strongest military power in the world by far. It’s not even close, not even close. We have the best equipment. We have the best of everything, and nobody’s going to mess with that. And I don’t see that at all with President Xi.’

Meanwhile, the AUKUS deal hasn’t been on the most steady footing as the U.S. runs up against its own challenges with its shipbuilding capabilities. 

A slim workforce and insufficient supply chain in the U.S. shipbuilding industry could stymie the agreements, according to a Congressional Research Service report issued in March. The report also cautioned that the U.S. Navy would suffer a shortage of attack submarines for 20 years.  

Although the Navy has ordered two boats annually for the past 10 years, U.S. shipyards have only been able to produce 1.2 Virginia-class submarines annually since 2022, according to the report.  

Trump and Albanese also signed a critical minerals deal Monday during their meeting. The deal will require both countries to invest more than $3 billion throughout the next six months in critical mineral projects, according to a White House fact sheet. 

The deal also requires the Department of War to invest in a 100 metric ton-per-year advanced gallium refinery in Western Australia to support ‘self-reliance in critical minerals processing,’ according to the fact sheet. 

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
DOJ seeks removal of Comey’s defense lawyer, citing conflict of interest
next post
S&P 500 Breaking Out Again: What This Means for Your Portfolio

Related Posts

Kamala Harris’ husband Doug Emhoff responds to Trump’s...

July 24, 2024

Medvedev warns Trump’s new deadline to end Russia-Ukraine...

July 29, 2025

Freshman GOP lawmaker rallies behind Trump’s rapid illegal...

January 28, 2025

Trump’s art of war: Win without fighting

February 20, 2025

A kinder, gentler Trump? President-elect taking a more...

December 11, 2024

Arrest of Chinese nationals in swing state, Israel’s...

June 21, 2025

Trump teases running for a third term: ‘Not...

March 31, 2025

Scammers target retirees as major 401(k) rule changes...

October 29, 2025

‘Country is in crisis’: House GOP unleashes on...

May 15, 2024

Polish conservative Karol Nawrocki wins presidential election to...

June 2, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • The Real Drivers of This Market: AI, Semis & Robotics

      December 1, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      December 1, 2025
    • Congress races against 3-week deadline to tackle massive year-end legislative agenda

      December 1, 2025
    • Ukraine peace talks productive as ex-government official says country rethinking ‘uncompromising’ stance

      December 1, 2025
    • Trump gave Maduro ultimatum to flee Venezuela as land operations loom: report

      December 1, 2025
    • Trump says ‘don’t read anything into it’ when asked about declaring Venezuela’s airspace closed

      December 1, 2025

    Categories

    • Business (1,437)
    • Politics (5,142)
    • Stocks (1,803)
    • Uncategorized (45)
    • World News (1,430)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved