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‘Dark shadow’: Australia’s new government to shield it from US-China trade war

  • Australia's Prime Minister Anthony Albanese and the centre-left Labor Party won a resounding reelection on May 4, 2025, expanding their majority in Canberra's 150-seat Lower House.
  • This victory followed a campaign shaped by economic concerns, especially over the escalating US-China trade war, which cast a "dark shadow" on global markets and voter sentiment.
  • Treasurer Jim Chalmers emphasized that the new government would prioritize managing the US-China trade tensions and global economic uncertainty as its immediate focus.
  • Albanese emphasized that his administration would continue to govern with discipline and orderliness in its second term, underscoring that the electorate favored unity over division.
  • The election outcome suggests the government will strengthen its approach to navigate economic challenges and may influence Australia's forthcoming 2026 National Defence Strategy to address security amid international tensions.
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FRESH NEWS broke the news in on Saturday, May 3, 2025.
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