came from China<\/a>\u00a0(PDF). Fewer than 30,000 came from the US. Those facts can\u2019t be papered over by platitudes about us \u2018growing closer\u2019.<\/p>\nMarquardt admits as much with the statistics he chooses to present reinforcing his case. He segues casually from the bilateral Australia\u2013US trade treaty to the Trans-Pacific Partnership (which is, so far, just talk) before he provides numbers. Our number one trading partner is China\u2014the US is number three. Over the past five years trade with China has surged from $85,162 million to (currently) $150,919 m. Over the same period trade with the US has grown marginally \u2013 from $49,393 m to $54,714 m. Numbers don\u2019t lie.<\/p>\n
Yes, Julie Bishop did<\/em> state, earlier this year, that the US is \u2018Australia\u2019s most important economic partner\u2019. Nevertheless, the veracity of the statement all depends on how you measure the relationship. It\u2019s always possible to redefine your terms to get the result you want\u2014but at the cost of rendering what you\u2019re saying meaningless. The real measure of an easy and close relationship is one that doesn\u2019t need to brag.<\/p>\nNic Stuart is a columnist with the\u00a0<\/em>Canberra Times.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Niels Marquardt is quite correct to stress the warm and close relationship that exists between Australia and the US. We have no closer relationship. It stretches across all aspects of our engagement with the world. …<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[17,433,492,31],"class_list":["post-15226","post","type-post","status-publish","format-standard","hentry","category-general","tag-australia","tag-economics","tag-immigration","tag-united-states"],"acf":[],"yoast_head":"\n
Close ties? | The Strategist<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n