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Chalmers will be speaking today with his Korean counterpart, as the government branches out to talk to other allies and trade partners, also reeling from Trump’s tariffs.

But with the election looming, and the parliament now in caretaker mode, Chalmers says there are limits to the decisions that can be made or discussions had.

I spoke with my UK counterpart. I’m speaking with my current counterpart. This afternoon. I’ll be engaging with our posts in the region… we’re still conferring, we’re still comparing notes, we’re still coordinating our efforts.

The Australia EU trade deal has the capacity to advance our interests… but I think that’s a good example the progress that we might be able to make.

Asked whether shadow trade minister Kevin Hogan has been kept in the loop on those discussions, including the discussion between trade minister Don Farrell and his EU counterpart earlier this week, Chalmers says he’s not sure.

And what about China’s offer to “join hands” yesterday?

I think we’ve got our own way of engaging in the region, our own language to describe our efforts. And I think the Chinese export market for Australia is incredibly important… our interests are best served by more diverse, more reliable, more robust markets, and the big economies in our region have got a big role to play there.

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