A free trade agreement between Australia and the United Kingdom begins on Wednesday. When it was announced in 2021, then-prime ministers Boris Johnson and Scott Morrison cheerily exchanged packets of chocolate biscuits. Meanwhile, one British newspaper celebrated the prospect of cheaper steaks.
The agreement eliminates tariffs on a range of Australian exports, including beef and lamb and makes it easier for Australians to work in the UK. British exporters of cars, whisky and confectionery will also benefit. But the deal is notable for another reason.
