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The Latest Breaking News from Trade

Weeks before EU and Latin American joint summit, trade deal remains elusive

The European Union and the Mercosur group of Latin American nations are still struggling to bridge the last difference before they can reach final agreement on a long-delayed trade deal

The Independent UK

Progress made with China despite trade block: Treasurer

Treasurer Jim Chalmers says progress has been made with China on the removal of trade bans after the prime minister accepted an invitation for a state visit.

The New Daily

Australia ‘hopeful’ China will lift more trade bans

Australia is hopeful more trade sanctions will be lifted from key exports following a surprise announcement from Beijing, as trade relations begin to improve.

The New Daily

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Australia 'hopeful' China will lift more trade bans

Australia is hopeful more trade sanctions will be lifted from key exports following a surprise announcement from Beijing, as trade relations begin to improve.

AAP

Trade minister vows to persevere on China ban removal

Following his visit to China, Don Farrell says he's still optimistic of trade restrictions being lifted on Australian products, but it won't happen overnight.

The New Daily

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

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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

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

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

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AAP

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.

The Independent UK

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 New Daily

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.

AAP

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.

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The Independent UK

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 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

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.

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