Like the CPTPP after the U.S. exit from TPP, the next phase of regional security may be shaped by what U.S. allies and partners build when Washington moves one step back.

Washington wants allies to spend more on defense, while Beijing judges Australia by what it does, not what it says. Canberra needs to take stock of its own interests.

Like the CPTPP after the U.S. exit from TPP, the next phase of regional security may be shaped by what U.S. allies and partners build when Washington moves one step back.