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The Latest Breaking News from Trade

Australian trade minister returns from China trip with agreements to 'step up' dialogue

Trade Minister Don Farrell returns from a two-day trip to China without concessions from Beijing on a raft of trade bans against Australian exports, but says there is "positive momentum" in the countries' relationship.

ABC News

Australia, China to build on 'positive momentum' but no major breakthrough after meeting on trade

Australia and China agree to step up dialogue to resolve bitter trade disputes under existing free trade mechanisms, but fail to secure any major breakthrough during ministerial talks in Beijing.

ABC News

Has the big thaw begun? China’s foreign minister will visit Australia

China's Foreign Minister will visit Australia in a fresh sign of improved relations between the nations and the potential end of trade bans

The New Daily

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Trade Minister Don Farrell given surprise Forbidden City tour, China's foreign minister to visit Australia

Senator Farrell says he is "very privileged to be invited here to this iconic site" as a former Chinese diplomat describes the unexpected invitation as a "very high-level welcome from Beijing".

ABC News

Workers’ rights put at risk by plan to scrap EU working hours rules, says TUC

Trade secretary Kemi Badenoch says retained EU law bill will help businesses cut costs

The Guardian - UK

Trade Minister Don Farrell to visit China in push to end trade war

Australia's Trade Minister Don Farrell will hold a meeting with his Chinese counterpart in Beijing this week, with hopes it could signal the trade turmoil between China and Australia will soon be over.

ABC News

Government’s ‘ideological’ approach to Brexit trade deals condemned by senior Tory

Former Cabinet minister George Eustice says too much has been given away in the name of free trade

The Independent UK

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Hopes for barley breakthrough with China grow

Australia is hopeful of further movement on trade sanctions with China as the trade minister prepares to head to Beijing in the coming weeks.

The New Daily

Normalising China-Australia trade will take more than a political fix

More than three years since China first blocked a range of Australian imports in a political dispute, restrictions are easing, but reviving trade is proving more challenging than stopping it in the first place.

Reuters

Any concession on prosecco, feta an economic 'disaster'

Naming rights for prosecco and cheese should not be open to negotiation as Australia and the EU wrangle to secure a free trade deal, the coalition says.

AAP

Australia suspends WTO case against China on barley tariffs

Australia has suspended a complaint to the World Trade Organization in a bid to reopen the Chinese market to Australian barley for the first time in three years

The Independent UK

Breakthrough in Australia, China barley trade dispute

China has agreed to undertake an expedited review of trade impediments on Australian barley after Australia paused its World Trade Organisation proceedings.

The New Daily

Breakthrough in drawn-out trade dispute with China

China has agreed to undertake a review of trade restrictions on Australian barley after the federal government paused its World Trade Organisation case.

AAP

Predicted 0.08% boost from UK-Asia trade deal could be overestimate

Trade department used different approach to estimating economic boost which ‘generates larger estimated GDP impacts’

The Independent UK

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The Week

CPTPP: is trade deal first sign of Brexit’s sunlit uplands?

The Government struck a deal to join an 11-member Asia-Pacific trade bloc last week, a step hailed by No. 10 as an example of Britain seizing its “post-Brexit freedoms”.

The New Daily

Australia, China officials meet over trade sanctions

A round of trade talks is being held between Australian and Chinese officials as Canberra works to ease diplomatic tensions with Beijing.

The Guardian - UK

Pacific trade deal is more useful to Joe Biden than it is to the UK’s economy

Hailed by Tory MPs as a Brexit benefit, CPTPP membership actually turns the UK into a willing pawn in Washington’s geopolitical game

Evening Standard

Forget Brexit pain and back our Pacific trade deal, urges minister

Critics say the deal involving 11 countries including Australia, Canada and Japan doesn’t compensate for the blow of leaving the EU

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Evening Standard

UK agrees to join trans-Pacific trade partnership

Critics say the impact will be limited, with official estimates suggesting it will add less than 1% to UK GDP

The New Daily

Albanese optimistic on Chinese trade sanctions

Prime Minister Anthony Albanese says he's still hopeful of clearing Chinese trade sanctions on Australian goods.

AAP

PM hopeful of movement on Chinese trade sanctions

Australia is hoping to take another step in the reduction of trade sanctions imposed by Beijing as an assistant minister prepares to head to China.

AAP

Export boost near after UK trade pact clears hurdle

Britain has moved one step closer to ratifying the free trade agreement with Australia, paving the way for tariffs to be cut and business access expanded.

The New Daily

Wong lobbies Chinese counterpart over trade, Ukraine

Australia has warned China against supplying weapons to Russia at the G20 meeting as the US reportedly lobbies allies to sanction Beijing if it aids Moscow.

Bangkok Post

BYD plans second Asean EV plant

The Philippines, Vietnam and Indonesia are competing to host another Southeast Asian electric-vehicle assembly plant for BYD Co, the world’s second-largest maker of EVs, according to a Philippine trade and investment official.

AAP

Swedish queen-in-waiting spearheads Aussie trade talks

Sweden's Crown Princess Victoria and husband Prince Daniel are making an official visit to Australia, with stops in Canberra and Sydney.

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