Australia’s Labor government plans to turn its attention to navigating the economic fallout of the U.S.-China trade rift following its decisive reelection, Treasurer Jim Chalmers said on Sunday. The campaign had centered heavily on voter worries over global economic instability and American trade policy.

Anthony Albanese, who just became the first Australian prime minister in two decades to secure a second consecutive term, pledged to lead with “discipline and order,” emphasizing that voters chose unity over division.

According to projections by the Australian Broadcasting Corporation, the center-left Labor Party is on track to increase its majority in parliament, likely securing at least 86 seats—up from 77—despite earlier polls suggesting it would struggle to maintain control of the 150-seat lower house. With roughly 75% of ballots counted, vote tallying is set to continue Monday.

Australia’s election echoed political shifts seen in Canada just a week earlier. Conservative opposition leader Peter Dutton lost his seat as voter concerns shifted from cost-of-living pressures to the disruptive effects of former U.S. President Donald Trump’s sweeping tariffs.

Speaking to reporters at a Sydney coffee shop where he reminisced about visiting with his late mother, Albanese vowed to maintain a steady hand in his second term. “The Australian people voted for unity, not division,” he said.

Labor had trailed the conservative coalition for much of the past year, amid frustration over its handling of inflation. But momentum shifted when the conservatives unveiled plans to shrink the federal workforce, drawing comparisons to Trump-era agency cuts. A proposal to mandate five-day in-office workweeks for public servants was also slammed as disproportionately harmful to women.

Trump’s April 2 tariff announcement rattled global markets, sparking fresh anxiety among Australian voters about its impact on pensions and the economy.

Globally, though, Trump’s influence has not uniformly lifted centrist forces. In Britain, Nigel Farage’s populist Reform UK party scored major wins in local elections, despite Farage’s public distancing from Trump on tariffs and Ukraine. Meanwhile, in Romania, hard-right figure George Simion—aligned with Trump’s “Make America Great Again” movement—is poised to benefit from public frustration after the U.S. revoked Romania’s participation in the visa-waiver program.

Back in Australia, Chalmers told ABC that the immediate priority is bracing for global economic turbulence. “What’s unfolding, especially between the U.S. and China, casts a long shadow over the global economy,” he said. “We have the tools, and we will use them, to navigate this uncertainty.”

International leaders, including officials from the U.S. and China, offered congratulations to Albanese. U.S. Secretary of State Marco Rubio expressed hopes to deepen ties with Australia toadvance shared interests and regional stability. China’s foreign ministry, meanwhile, said it looks forward to building a “more mature, stable, and productive” strategic partnership.

Inside Australia’s conservative camp, post-election soul-searching has begun. Mark Speakman, leader of the Liberal Party in New South Wales, called on his party to better connect its values of “aspiration, innovation, and opportunity” with voters, particularly women and people from diverse backgrounds.