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    Trade

    Yesterday

    Lithium mining in Western Australia. New US levies on Chinese exports could provide long-term support for Australian producers.

    New US tariffs on China could help Australian critical minerals

    It’s not just the federal budget that could boost Australia’s critical minerals exports, but also a new round of US tariffs on Chinese imports.

    • Updated
    • Matthew Cranston and Andrew Tillett
    The new measures hit imported Chinese goods including electric vehicles, steel and aluminium, semiconductors, critical minerals, solar cells and cranes.

    Biden ramps up tariff regime on $27b of China imports

    Following a four-year review on trade with China, US President Joe Biden will not only keep the tariffs put in place by Donald Trump, but ratchet up others.

    • Updated
    • Matthew Cranston

    This Month

    Costs put on imports turn into taxes on our exports.

    Industry policy will win votes but very little else

    Why not accept the gift of China’s subsidised exports, and use the money we save to deal with our many more serious challenges?

    • Alan Mitchell
    A BYD model is displayed at the Auto China 2024 in Beijing.

    US set to impose 100pc tariffs on Chinese EVs

    The move expected this week marks the latest effort by the Biden administration to protect America’s domestic industry from cheap competition.

    • Updated
    • Alan Rappeport and Jim Tankersley
    Bundles of steel tubes at a trading market in Jinan. China’s steel exports have swelled.

    China’s exports return to growth in boost to shaky economy

    China’s exports edged higher in dollar terms last month as Beijing pinned its hopes on a manufacturing-led revival to boost flagging growth.

    • Updated
    • Joe Cash
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    April

    Narendra Modi on stage with Prime Minister  Anthony Albanese in Sydney in May last year.

    Macquarie, ANZ and Canva CEOs help power Australia’s India push

    Governments hope to prevent another false dawn in bilateral trade and investment by getting business to work on policy.

    • James Eyers

    Australia can prosper under international carbon prices

    The EU’s carbon border tax will create new opportunities for this country but only if the Australian government invests strategically in the right industries.

    • Ingrid Burfurd
    Janet Yellen and Chinese Premier Li Qiang in China’s Great Hall in Beijing on Sunday.

    US, China need ‘tough’ conversations, Yellen tells Li

    The US Treasury Secretary says Washington and Beijing have a ‘duty’ to responsibly manage their complex relationship, as she brought her case for reining in China’s excess factory capacity.

    • David Lawder
    A fuel barge is pushed by a tugboat, the first vessel to transit a new temporary channel near the stuck Dali container vessel.

    Trapped vessels start moving out of Baltimore after bridge collapse

    The city’s shipping channel has been blocked since a loaded container ship lost power and collided with a support column of the Francis Scott Key Bridge a week ago.

    • Daniel Trotta

    March

    Chinese leaders’ anger may be a sign that Joe Biden’s approach is working.

    Bidenomics is making China angry. That’s OK

    Biden’s China policy is so tough that it makes me, someone who generally favours a rules-based system, nervous.

    • Paul Krugman

    Rebuilding wine sales in China to take time: minister

    Assistant Trade Minister Tim Ayres welcomed China’s removal of tariffs on Australian wine but said rebuilding the $1.1 billion trade will take time.

    • Tess Ikonomou
    Chinese Foreign Minister Wang Yi meets with Penny Wong in Canberra.

    Wong sounds alarm over China-led nickel collapse

    Penny Wong has gone into bat for Australian miners suffering from turbulent nickel prices during talks with her Chinese counterpart, amid accusations Beijing is manipulating the market to favour its own producers.

    • Updated
    • Andrew Tillett
    China’s Foreign Minister Wang Yi.

    Business chiefs to plead for predictability from Beijing

    Chinese Foreign Minister Wang Yi will hold a lunch with CEOs and think-tank chiefs as part of his visit to Australia.

    • Andrew Tillett
    Foreign Affairs Minister Penny Wong met with China’s top diplomat, Wang Yi, during an ASEAN summit in Jakarta this month.

    Wong to push China’s foreign minister on trade, security

    Penny Wong will raise the removal of conflict prevention, human rights and the detention of Yang Hengjun when she hosts China’s foreign minister next week.

    • Updated
    • Andrew Tillett
    China’s ambassador to Australia, Xiao Qian, says tariff discussions are “on the right track”.

    Chinese ambassador says tariff discussions ‘on the right track’

    Xiao Qian said that the relationship between Beijing and Canberra had “stopped free-falling and stopped deteriorating” since their depths four years ago.

    • Jessica Sier
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    Singapore Prime Minister Lee Hsien Loong with Anthony Albanese.

    Singapore backs AUKUS subs as Keating rocks summit

    Singapore has backed the Albanese government over the AUKUS deal, undercutting former prime minister Paul Keating’s claim Australia was at odds with the region.

    • Updated
    • Andrew Tillett and Phillip Coorey
    Within a month, the lobster trade might be the last remaining irritant.

    Australia can launch a new trade boom with China, Farrell says

    The trade minister says that with feuds on wine and lobster exports potentially soon sorted, Australia could aim to stack on another $100 billion in trade.

    • Hans van Leeuwen

    February

    WTO Director-General Dr Ngozi Okonjo-Iweala.

    In the shadow of Trump: how the WTO has reached the last-chance saloon

    A summit of up to 164 ministers in Abu Dhabi aims to rebuild confidence and capability at the global trade umpire before a new Trump administration starts another trade war.

    • Hans van Leeuwen
    Shoppers at a Costco in Shenzhen.

    Why China’s deflation may be good news for Australia

    Prices of China’s products shipped overseas have been falling at the fastest rate since the 2008 crisis, and could help to push down inflation worldwide.

    • Joseph Cotterill, Claire Jones and Martin Arnold
    Hong Kong city skyline view from Kowloon.

    Why Hong Kong is again stirring the interest of Australian companies

    It’s not the same as the pre-pandemic, security lockdown era, but there is still “so much opportunity”, says the Australian Chamber of Commerce in Hong Kong boss.

    • Michael Smith