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The Latest Breaking News from Trade

Call for local steel mandate in face of Trump's tariffs

The federal government is being urged to protect Australian jobs after US President Donald Trump announced a plan to double levies on foreign steel.

AAP

Albanese hits out at Trump's 'economic self harm'

The Prime Minister has criticised US President Donald Trump's move to double tariffs on steel imports as "inappropriate" and an act of harm.

AAP

Australia pushes tariffs removal amid US court ruling

Australia will keep urging the Trump administration to drop its "unjustified" tariffs on the nation's products as a US federal court throws up an obstacle.

AAP

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EU's €2 handling charge for cheap imports to snare Chinese products

Trade Commissioner Maroš Šefčovič announced a fee to counterbalance the cost safety checks for products coming from China – and hopefully curbing numbers of packages sent to Europe.

Euronews

EU pushes defence ties amid hope for trade breakthrough

Germany's ambassador to Australia says a formal security pact with the European Union would help provide stability in the region.

AAP

France urges EU to reassess Israel trade partnership over Gaza rights abuses

France has called for a review of the EU-Israel Association Agreement amid growing concern over Israel’s blockade of humanitarian aid to Gaza.

Radio France Internationale

Markets Rally After China And US Slash Tariffs For 90 Days

Investors have been on a rollercoaster ride since Donald Trump unveiled eye-watering tolls on trading partners on April 2, with the heftiest saved for Beijing, raising concerns of a trade war between the economic superpowers.

Latin Times

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China and US agree to ease tariffs for 90 days as trade war talks extended

Some ‘reciprocal’ tariffs and duties are being rolled back in favour of ‘mutually beneficial’ talks.

Al Jazeera

Asian Markets Rally After Positive China-US Trade Talks

Asian stocks rallied Monday after top Chinese and US officials held "substantial" trade talks at the weekend, fuelling hopes the two sides will dial down a tariff standoff that has rattled global markets and fuelled recession fears.

International Business Times

US And China To Publish Details Of 'Substantial' Trade Talks In Geneva

The United States and China are set to provide details on Monday of the "substantial progress" made during talks in Switzerland over the weekend aimed at cooling trade tensions ignited by President Donald Trump's sweeping tariffs.

International Business Times

‘Total reset negotiated’: Trump started a trade war with China and is already looking for a way out

Despite no change happening, Trump is optimistic.

We Got This Covered

Trump Hails 'Total Reset' In US-China Trade Relations As Talks Continue

US President Donald Trump hailed a "total reset" in US-China trade relations, ahead of a second day of talks Sunday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout.

International Business Times

China Sales To US Slump Even As Exports Beat Forecasts

China said Friday sales to the United States slumped last month while its total exports topped forecasts, as Beijing fought a gruelling trade war with its superpower rival.

International Business Times

Labour blasted for 'telling MPs to go home' in bid to delay US trade deal update

LABOUR have been blasted by the Speaker after “telling MPs to go home” because they planned to delay an official statement on the UK trade deal…

The National (Scotland)

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International Business Times

Stocks Rise Further On Growing Trade Deal Hopes

Asian stocks extended their rally Thursday on hopes for an easing of trade war tensions as China and the United States prepare for weekend talks and after Donald Trump flagged a "major trade deal" later in the day.

Evening Standard

Starmer brands criticism of UK-India trade deal ‘incoherent nonsense’

Sir Keir said similar reciprocal agreements exist between the UK and 50 countries.

Fortune

U.S.-China trade talk news boosts markets

Major Asian markets in China, Japan and South Korea all rose—but by less than 1%. Investors seem to be betting that the Papal Conclave will produce results before the trade negotiations do.

The Independent UK

US-UK trade deal with lower tariffs on cars and steel ‘could be signed this week’

US treasury secretary Scott Bessent said some trade deals could be announced as early as this week

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Evening Standard

UK-India deal does not undercut British workers, says Trade Secretary

Opposition politicians have criticised a provision in Tuesday’s deal exempting some temporary Indian workers from national insurance payments.

AAP

Australian shares edge higher but uncertainty lingers

The Australian share market has lifted on the back of US-China trade talks and stimulus announcements from Beijing, but investors remain apprehensive.

Evening Standard

Tariff cuts and tax exemptions for some workers agreed in UK-India trade deal

Ministers say the long-coveted agreement will add £4.8 billion a year to the economy by 2040.

Al Jazeera

India, UK agree ‘historic’ trade deal including tariff cuts

Both sides celebrate the landmark agreement, which was several years in the making.

Euronews

EU sends top officials to Washington for tariff talks

A high-level meeting is under way in Washington on Tuesday and Wednesday as the EU and US attempt to escape a full-blown transatlantic trade war.

Evening Standard

Data is driving trade deal pursuit, not ‘post-imperial delusion’, minister says

The Liberal Democrats are warning the Government that a summit with the European Union on May 19 should not be a missed opportunity.

Evening Standard

British and Indian ministers meet for ‘productive’ talks on trade deal

More than a dozen rounds of talks involving successive governments have taken place since 2022.

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