Investors should consider the impact of President Donald Trump’s defense posturing on international sales of defense submarines.

U.S. Defense officials review the nuclear submarine agreement with Australia and the U.K., while Congress demands clearer shipbuilding plans to address concerns about lagging timelines.

Australia will have “a very high price to pay if AUKUS fails”, opposition defence spokesman Angus Taylor says.

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The AUKUS review and the uncertainty it casts reinforces the chief concerns of its most vehement critics such as Paul Keating, Bob Carr and Malcolm Turnbull in that Australia has vested an enormous chunk of its defence interests in a power led by an untrustworthy, capricious and narcissistic buffoon.

Slow progress on new submarine bases is fuelling calls to offer the US “another Pine Gap” in Western Australia, as defence and diplomatic heavyweights claim a lack of urgency on AUKUS is giving Americans reasons to doubt Australia’s seriousness about ...

Traders near the shipyard where AUKUS submarines are planned to be built have mixed reactions to the US government's AUKUS review, as Premier Peter Malinauskas seeks to downplay concerns over the announcement.