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The Latest Breaking News from Trade

US and China are holding trade talks in London after Trump's phone call with Xi

High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy

The Independent UK

US and China to take second shot at averting trade war in London talks

Senior delegations expected to discuss fragile tariffs deal in bid to avert trade war.

Al Jazeera

'No justification': minister seeks tariff breakthrough

Ahead of a possible meeting between Anthony Albanese and Donald Trump at the G7, the trade minister says he's still optimistic of tariffs being removed.

AAP

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Trump announces US-China trade talks in London next week

The scheduled meeting comes after a ‘positive’ phone call between the US President and Xi Jinping

Evening Standard

Push to get 'damn fine' Australian products into Europe

Australia is working in good faith to strike a free trade agreement with the European Union, but will walk away if the deal is not in the national interest.

AAP

Trade secretary in race against time to stop new steel tariffs

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The Independent UK

Trade secretary Jonathan Reynolds to push for exemption on steel tariffs in crunch meeting with US officials

The UK struck a deal with Washington for import taxes on its steel to be removed weeks ago, but its implementation has not been finalised

The Independent UK

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Why the US trade deal could come with a long-term health cost for the UK

Critics argue the recent UK-US trade deal could undercut domestic producers, introduce lower standards for food and even compromise public health.

The Independent UK

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

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

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Latin Times

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.

Al Jazeera

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.

International Business Times

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.

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‘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.

International Business Times

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.

The National (Scotland)

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…

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.

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