Overview
- Australia and the United States committed at least US$1 billion each to priority projects, with about US$3 billion to be deployed within six months, according to the White House.
- U.S. funding will support a gallium refinery in Western Australia, part of a push to build non‑Chinese supply chains for rare earths and critical minerals.
- Trump publicly backed the AUKUS submarine program, saying Australia is "getting" the boats, even as officials flagged the need to clarify elements of the agreement.
- No relief on U.S. steel and aluminum tariffs emerged from the meeting, a gap noted by Australian observers after the otherwise warm summit.
- Trump confronted Ambassador Kevin Rudd over past criticism during the on‑camera session, with Australian outlets later reporting the president told Rudd "all is forgiven" after the press left.