American and Australian officials are warning the Albanese government that its crackdown on social media platforms and attempts to force US tech giants to pay for local news content increases the risk of Donald Trump imposing tariffs on Australia’s $33 billion of exports to the US.
US Studies Centre research director Jared Mondschein told the Australian Financial Review, “Unlike the Biden administration, while the Trump administration and many people like [vice president elect] J.D. Vance agree with regulating big tech, they nonetheless still want to see US firms have unfettered access to the global economy.”