Paul Keating says Aukus locking Australia into a US war against China, which it would ‘certainly lose’

Former Australian Prime Minister Paul Keating has stated that the Aukus submarine deal would draw Australia into a US war against China, which the US would "certainly lose." This would leave Australia vulnerable to retribution from China. The Aukus deal, which involves the US and UK providing Australia with nuclear-powered submarines, has sparked concerns about Australia's involvement in potential US-China conflicts. This could have significant implications for the country's economy and trade relationships with China.

Why it matters

Australia's involvement in a potential US war against China could lead to severe economic and diplomatic consequences. The country's economy and markets may suffer due to retribution from China.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

Explore the intelligence

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to The Guardian. For information only — not financial advice.