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The Latest Breaking News from Trade

Biden trade chief says next phase of China relationship unclear

WASHINGTON — The Biden administration is waiting to see how leadership changes in China will affect the economic relationship between the countries, and will continue to defend American interests until Beijing undertakes reforms, the U.S. trade chief said.

Tribune News Service

Boris Johnson accused of 'lying over 100 backers' as Rishi Sunak demands proof

Johnson was accused of lying in the undignified race for No10 as he dashed back from his hols in a desperate bid to rally support.

Daily Record

Boris Johnson accused of 'lying over having 100 backers for PM' as Rishi demands proof

By late evening on Saturday, only 54 MPs had publicly declared to support former PM Boris Johnson, while former Chancellor Rishi Sunak has notched up 113 confirmed backers

Daily Mirror

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Alcohol markets ‘worth £100 million’ unlocked after trade talks

Trade Secretary Kemi Badenoch visited the Glenkinchie Distillery to announce the UK Government's progress

Insider UK

Signs China will discuss lifting trade ban, but lobster fishers say diversification crucial

After three tough years of the trade war there might finally be some good news for Australian rock lobster fishers, but a lesson about diversification has been learnt whether or not China comes back to the table.

ABC News

Liz Truss appoints Sunak ally Greg Hands as trade minister in bid to restore Tory unity

The Prime Minister has handed a Government job to Greg Hands, who backed her rival Rishi Sunak in the Conservative leadership race.

Evening Standard

Australia focusing on renewables in Japan

Australia's trade minister is travelling to Japan and South Korea to discuss strengthening renewable energy technology and the critical mineral sector.

AAP

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UK Government accused of ‘dragging its heels’ over forced labour allegations in China

The British Government is being sued over claims it is “dragging its heels” over trade linked to forced labour in China.

Evening Standard

Labour demands probe over top job for Jacob Rees-Mogg's ex-business partner

Critics lashed out at 'cronyism' after Dominic Johnson, who set up Somerset Capital Management with the now-Business Secretary in 2007, was named as a Trade Minister

Daily Mirror

Liz Truss to relax immigration rules so foreign workers boost economic growth

The PM is expected to face resistance from cabinet Brexiteers including Home Secretary Suella Braverman and Trade Secretary Kemi Badenoch.

Daily Mirror

Penny Wong talks trade 'blockages' with Chinese counterpart Wang Yi on sidelines of UN General Assembly

The foreign minister meets her Chinese counterpart Wang Yi on the sidelines of UN General Assembly with trade, Taiwan and the ongoing detention of two Australians up for discussion.

ABC News

Liz Truss's US trade deal admission 'proves Brexit is an unmitigated disaster'

A trade deal with the US was touted as one of the major potential benefits of leaving the EU and the single market by Brexiteers.

The National (Scotland)

EU trade deal could be inked by 2024

A delegation from the European Union has met with Australian officials to discuss finalising a free trade deal between both markets.

AAP

Britain pledges nuclear submarines support

Britain stands ready to help Australia with a new fleet of nuclear-powered submarines, UK international trade minister Anne-Marie Trevelyan says.

AAP

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Insider UK

Trade agreement with New Zealand 'damaging to Scottish farmers'

Scottish ministers write to UK trade policy chief to complain about lack of level playing field for farmers

The National (Scotland)

New Zealand trade deal will hurt Scottish cattle farmers, Holyrood ministers warn

THE UK's new trade deal with New Zealand will be “damaging to Scottish farmers, Holyrood ministers warn.

AAP

Labor to push for expanded Barilaro probe

Labor's leader in the NSW Legislative Council wants to expand the scope of the inquiry into the appointment of John Barilaro to a plum US trade job.

ABC News

Sydney news: Political staffer, public servants to appear at John Barilaro's fourth US trade job hearing

MORNING BRIEFING: Three people, including one of John Barilaro's former political staffers, are due to give evidence today at the New South Wales upper house inquiry into the appointment of the former deputy premier to a lucrative US trade role.

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AAP

CEO 'nervous' appointing Barilaro to role

The Investment NSW chief says former trade minister Stuart Ayres "was not at arm's length" from the decision to appoint John Barilaro to a New York trade job.

ABC News

Liberals deputy leader Stuart Ayres texted John Barilaro details of trade job advertisement

Trade Minister Stuart Ayres says Mr Barilaro reached out to him asking about the process for recruitment for the trade commissioner's job in New York.

ABC News

Sydney news: Report shows Sydney Metro faces cost blowouts, safety and security risks

MORNING BRIEFING: The Sydney Metro public transport project faces serious risks that have been revealed in a confidential internal document, the NSW opposition warns.

AAP

NSW trade trip to Asia hobbled by scandals

After spending time in Japan, South Korea and India, Premier Dominic Perrottet has returned to more scrutiny as two ministerial scandals roil his leadership

ABC News

John Barilaro invited to front inquiry over lucrative US trade role

Former deputy premier John Barilaro is asked to appear before parliamentary inquiry investigating his controversial appointment to a plum trade role.

AAP

NSW opens India trade office amid scrutiny

NSW Premier Dominic Perrottet and Trade Minister Stuart Ayres have opened a trade office in Mumbai but the ceremonies were overshadowed by the Barilaro inquiry.

ABC News

Signs China trade war could be ending, but farmers remain wary

Rumours are swirling that China may backflip on its Australian trade restrictions with a change in federal government, but some producers have put the country firmly in their rear-vision mirror.

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