This Month
Trump says China will ship rare earths in ‘done’ trade deal
The two superpowers will maintain tariffs at their current, lower levels following the agreement reached this week in London, the US president says.
US, China agree to tone down trade war
American negotiators said they “absolutely expect” conflict around shipments of rare earth minerals and magnets to be resolved within the preliminary deal.
Australia lodges complaint over ‘shooting’ of reporter in LA
Anthony Albanese may raise the incident with Donald Trump next week when the two leaders are scheduled to meet on the sidelines of the G7 Summit in Canada.
China’s May exports slow, deflation deepens as tariffs bite
Customs data showed the value of China’s exports to the US plunged 34.5 per cent year-on-year in May, the sharpest drop since the 2020 start of the pandemic.
‘We’re in good shape’: Trump and Xi agree to new trade talks
The phone call between the leaders came in the wake of renewed accusations between Washington and Beijing over violations of a trade deal.
Trump’s tariffs could hit growth and spark sell-off: RBA
Donald Trump’s trade war could force businesses to shelve hiring and investment plans and prompt consumers to rein in spending, RBA chief economist Sarah Hunter says.
Can Labor stop Trump’s tariff assault on Australia?
The PM faces the daunting task of advocating for Australia’s national economic interests while ensuring the nation doesn’t end up dancing to Trump’s tune.
Will Albanese stand up to Trump on trade and defence?
If played carefully, the US will have to accept Canberra can’t be kicked around, if for no other reason than they need the military bases on Australian soil.
Retaliation ‘not the right way’: Farrell calls for tariff reversal
Trade Minister Don Farrell is calling on the Trump administration to drop all levies on Australian steel and aluminium.
May
Five years after Brexit, UK strikes ‘new era’ EU deal
Prime Minister Keir Starmer signs a pact to remove trade barriers and bolster defence co-operation, as both sides reduce their reliance on the US.
China consumption miss overshadows factory strength
Weaker retail sales figures for April point to the need for more supportive policies as economists warn of complacency after a 90-day pause on tariffs.
Albanese should push EU to join trans-Pacific trade pact: Downer
Australia’s longest-serving foreign minister Alexander Downer said Albanese should push Europe to join the CTPP when he meets EC President Ursula von der Leyen.
Megadeals and hyperbole: Is Trump’s Gulf tour more fiction than fact?
The US president’s visit has been a four-day jamboree of opulent ceremonies and petrodollar-fuelled investment pledges.
AI on the agenda as Trump visits United Arab Emirates
The two countries have finalised a technology framework agreement that was expected to be signed during the US president’s official visit to the Middle Eastern nation.
Trump has a ‘little problem with Tim Cook’
The US president said he spoke to the Apple boss about moving the assembly of devices to the US, rather than accelerating a shift from China to India.
China-US shipping ‘going to explode’ for 90 days
Businesses fear a deal between Washington and Beijing to slash levies will only be temporary, as they race goods to America for Thanksgiving and Christmas.
Qatar orders 210 Boeing jets during red carpet Trump visit
The US president secured hundreds of billions worth of deals with the tiny Gulf country, which Joe Biden in 2022 named a major non-NATO ally for America.
Trump touts $1.5trn in Saudi investment, lifts Syria sanctions
The US president and Saudi Arabia’s de facto ruler, Prince Mohammed bin Salman, announced major deals in Riyadh, but the figures don’t quite add up.
Trump’s Middle East visit is all about the money
When you’ve initiated a trade war with China, snaring foreign investment is like a victory on the battlefield for the US president.
China is beating Trump in the trade war
The reality is that the trade truce marks the end of the opening skirmish of the new cold war between the world’s two superpowers.