US Investment in Australia Will Help Lift Both Economies in a Post-Pandemic World

US Investment in Australia Will Help Lift Both Economies in a Post-Pandemic World
U.S. President Donald Trump and First Lady Melania Trump stand at attention with Australian Prime Minister Scott Morrison (2R) and his wife Jenny Morrison (L) during an Official Visit by the Australian PM at the White House in Washington, DC on Sept. 20, 2019. Photo by SAUL LOEB/AFP/Getty Images
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Two-way trade between the United States and Australia will aid the economies of both countries as they grapple with a post-coronavirus world, a new report suggests.

The report—commissioned by the American Chamber of Commerce in Australia—found seven percent of Australia’s GDP was the direct result of US trade and investment in 2019, adding $131 billion into the economy.