While the federal government did not reveal the precise cost for canceling the French contract, it suggested it would be more than 2 billion dollars. Mr. Morrison said the US would not be picking up that tab, as Australia had initiated the nuclear deal.
President Biden stressed that the world needed to work together through relentless diplomacy to avoid a 21st Century Cold War and authoritarianism.
Although he didn't specifically mention China, it was the subtext.
On top of the nuclear submarine deal, Australia is under increasing pressure from its global allies to bolster its climate change targets, with both its AUKUS partners committing too much more ambitious targets.
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