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Trade

This Month

A Chinese EV factory: growing the old way is not longer working.

China curbs exports of key EV battery mineral in new trade salvo

China, the world’s top graphite producer, says exporters of the material now need permits to send shipments abroad because of “national security concerns”.

  • Siyi Liu and Dominique Patton
Resources Minister Madeleine King speaking in London.

‘Show some respect’: King takes aim at EU over mining demands

The Resources Minister says a Brussels push for the FTA to outlaw “dual-pricing” of gas and critical minerals could crimp Australia’s ability to back its own industry.

  • Hans van Leeuwen

September

French President Emmanuel Macron wants to secure critical minerals for his country’s green energy transition.

Macron woos Australia on critical minerals

Resources Minister Madeleine King has signed a pact with France to look at building secure supply chains from Australia to Europe.

  • Hans van Leeuwen
European Commission president Ursula von der Leyen delivers her state of the union address at the European Parliament.

Europe accuses China of flooding EV market, pledges fight

The EU will probe Beijing’s subsidies to Chinese EV makers, as Brussels tries to shield Europe’s car giants from a potentially existential threat.

  • Hans van Leeuwen
Trade growth is slowing between the US and China in sectors caught up in the pair’s economic rivalry.

US-China decoupling is nascent but real, WTO warns

A major World Trade Organisation review says trade is starting to slow in goods at the heart of US-China tensions – and that extends to their allies as well.

  • Hans van Leeuwen
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US Secretary of State Antony Blinken, left, and Vietnam’s Foreign Minister Bui Thanh Son met in Hanoi in April in a sign of the developing economic relationship.

Biden courts Vietnam as US chases alternatives to Chinese factories

The Biden administration is cosying up to Vietnam as part of a broader business strategy to reduce dependence on Chinese factories.

  • Josh Boak and Aamer Madhani
Sugar piled up in the Tate & Lyle refinery’s massive hangar.

How the UK trade deal is giving Aussie farmers a sugar hit

This week the first shipment of Queensland cane sugar arrived at a London refinery, reviving a trading relationship that has been dormant for half a century.

  • Hans van Leeuwen
Nicholas Moore, special envoy for South-East Asia: “For Australia, an active, whole-of-nation effort will be required to make the most of current and emerging opportunities.”

Why Nicholas Moore says taxpayers should back Asian business ventures

Political risk insurance and streamlined foreign investment approvals are among 75 recommendations to boost trade and investment with South-East Asia.

  • Phillip Coorey
Containers in South Korea’s Busan port terminal. Exports from the country fell at the steepest pace in more than three years in July.

China’s economic slowdown reverberates across Asia

A manufacturing slump in South Korea has extended to its longest in nearly half a century while other big exporters in East Asia also being hit by slow demand.

  • Edward White and Song Jung-a

August

US Commerce Secretary Gina Raimondo, left, and Chinese Vice Premier He Lifeng pose for photograph.

US firms say rising risks are making China uninvestable

US Commerce Secretary Gina Raimondo pointed to new challenges such as fines as well as continuing issues such as intellectual-property theft.

  • Bloomberg News
Goods imports tumbled 1.2 per cent to $US253.3 billion, a level last seen in October 2021. Capital goods dropped $US2.3 billion, with imports of computers decreasing $US1.6 billion.

US trade deficit narrows as imports drop

Imports fell to the lowest level in more than 18 months, signalling a potential slowdown in business investment and overall domestic demand.

  • Lucia Mutikani

July

Vivek Ramaswamy is second in the polling for Republican party presidential candidate.

Australia should step up Taiwan defence, says US presidential hopeful

Biotech and funds management entrepreneur Vivek Ramaswamy says Canberra needs to show more support for the island state.

  • Matthew Cranston
US Treasury Secretary Janet Yellen

Yellen aims to defuse China tensions, but lifting tariffs ‘premature’

The US Treasury Secretary also said China’s slowing GDP has impacted growth in many other countries, ahead of a G20 meeting of finance ministers and central bankers.

  • Christopher Condon
Chinese factory activity has been shrinking in recent months.

China’s trade tumbles as global economy struggles

China’s exports and imports shrank faster than expected in June, adding to mounting pressures on the world’s second-largest economy.

  • Joe Cash and Ellen Zhang
Trade Minister Don Farrell, who led negotiations for the free trade agreement.

‘More work required’ as EU, Australia fail to reach FTA

Trade Minister Don Farrell said officials on both sides would try to meet again in August as negotiations failed over access for Australian farm products.

  • Paul Osborne and Tess Ikonomou
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Biden and Sunak at 10 Downing Street.

Biden and Sunak agree to talks on boosting US-UK economic ties

The two leaders held detailed discussions on the Atlantic Declaration framework in advance of a meeting in October.

  • Emily Ashton, Kitty Donaldson and Justin Sink
Treasury Secretary Janet Yellen during a press conference at the US Embassy in Beijing.

Meeting marathon makes progress, but US-China differences remain

US Treasury Secretary Janet Yellen says her visit to Beijing helped stabilise the rocky relationship between the world’s two biggest economies, but they remain at odds on a number of issues.

  • Updated
  • Andrea Shalal
WA Premier Roger Cook will fly to Sydney to meet with Indonesian President Joko Widodo.

Widodo to meet WA’s Cook in critical minerals push

WA new Premier Roger Cook will meet with Indonesian President Joko Widodo in Sydney this week.

  • Updated
  • Tom Rabe and Andrew Tillett

June

There are 24 metres of processes and obligations importers and exporters have to endure to get goods across Australia’s trade border.

Want to import or export? Here are 24 metres of regulations to fulfil

Australia has an invisible trade barrier – bureaucratic red tape. Now an ambitious program is being rolled out to finally remedy the mish-mash of rules, regulations and compliance costs that firms endure.

  • Tom Burton
The EU’s trade commissioner seems hopeful his side can cut through an impasse on beef quotas.

Australia-EU free trade deal ‘approaching end-game’, Brussels says

With just weeks until deadline, the EU is still making hopeful noises despite Australian gloom that Brussels can produce an acceptable offer on farm exports.

  • Hans van Leeuwen