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Trade wars

Today

Apollo Global Management’s Marc Rowan is a contender for Treasury Secretary.

Apollo boss emerges as top contender for Treasury secretary

Donald Trump has tapped billionaires, celebrities and a private equity mastermind in his latest round of cabinet picks.

  • 1 hr ago
  • Matthew Cranston

Yesterday

Anthony Albanese and Chinese President Xi Jinping met on the sidelines of the G20 summit.

Xi got his message across, but calls to oppose protectionism are a bit rich

Australia is right to rail against Donald Trump’s tariffs, but we should also make our voice heard on Xi Jinping’s “China First” policies.

  • Richard McGregor

This Month

How Australia and Japan can keep global trade going

Middle powers can’t do much unilaterally but are large enough to mobilise coalitions for change to keep the world economy open and save the multilateral trading system.

  • Shiro Armstrong
Inflation-weary Americans aren’t going to give Donald Trump a long leash to wage a forever trade war under current circumstances.

Why Trump could lose the looming trade war

With inflation-weary Americans desperately seeking some relief, the next White House might not have the leverage it expects in tariff negotiations.

  • Jonathan Levin
Prime Minister Anthony Albanese met with China’s President Xi Jinping in the Great Hall of the People in Beijing in November 2023.

Albanese hopes to persuade China, US against a trade war

Ahead of world leaders’ meetings in South America, the PM says Australia’s middle-power status gives it influence with the two superpowers.

  • Phillip Coorey, Andrew Tillett and Tom Rabe
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TSMC discovered one of its chips had ended up in a processor made by Chinese telco Huawei.

TSMC stops advanced chip shipments to Chinese customers

The Taiwanese maker of most of the world’s cutting-edge computer chips discovered that one of its products ended up in a processor made by Chinese telco Huawei.

  • Meaghan Tobin and Ana Swanson
Donald Trump.

Trump tariffs on China could benefit Australian consumers

Cheaper Chinese made goods could be sent to Australia as one of the consequences of Donald Trump’s threatened trade war.

  • Andrew Tillett
China’s dollar-denominated exports rose 12.7 per cent year-on-year in October, exceeding an average forecast of 5 per cent.

Chinese exports soar as Beijing braces for Trump trade tensions

Bumper export figures are expected to inflame tensions between the incoming administration and Beijing, which could respond to new tariffs with bigger stimulus action.

  • Joe Leahy, Cheng Leng, Kaye Wiggins and Arjun Neil Alim
US presidential election winner Donald Trump reacts on stage with former first lady Melania Trump.

Fasten seatbelts for a wild ride on Trump and trade

Here are four guideposts for managing Trump 2.0, informed by my time as Scott Morrison’s chief of staff.

  • John Kunkel

October

Peugeots are assembled in France.

‘Economic cold war’: EU slaps tariffs on Chinese-made electric cars

Germany and its car makers opposed Brussels’ move, fearing it will further stifle European demand for EVs and also prompt painful retaliation from Beijing.

  • Hans van Leeuwen

September

Tesla could be in China’s crosshairs after the US announced plans to ban Chinese software and hardware in connected vehicles.

Elon Musk could be biggest loser of Biden’s Chinese car ban

Gina Raimondo, the US commerce secretary, raised the terrifying scenario of a rogue state controlling America’s cars remotely.

  • Robert Mendick
Washington wants to make it harder for China to obtain critical chipmaking tools.

US and Japan near deal to curb chip technology exports to China

Tokyo is concerned Beijing could block exports of critical minerals — particularly gallium and graphite — if it adopts the export controls being pushed by the US.

  • Demetri Sevastopulo and Leo Lewis
Donald Trump and Kamala Harris during the debate. Tariffs are on the agenda of both candidates.

What Trump or Harris would mean for global markets and Australia

Tariffs are unlikely to have a direct impact on Australian trade, but changes to US trade policy may have a larger effect on our ambition to diversify our export base.

  • Susan Stone
Temu has become one of PDD’s biggest growth drivers worldwide.

US crackdown on cheap Chinese goods adds to Temu, Shein woes

The move threatens to reshape parts of the US retail arena and deflate the excitement that’s accompanied the meteoric ascent of bargain bazaars.

  • Jeanny Yu and Olivia Poh
China is embracing EVs while European enthusiasm has ebbed.

Friend or foe? Europe’s big Chinese EV dilemma

Bad news hasn’t been enough to get European carmakers and politicians to rethink their anti-China strategy. But that’s exactly what might need to happen.

  • Hans van Leeuwen
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Li Fanjie at Parliament House on Thursday.

Chinese property crash no threat to Australia, says diplomat

Beijing’s number two diplomat in Canberra says Australia’s miners should rest easy – there’s plenty of growth left in China’s urbanisation.

  • Andrew Tillett

August

Chinese EV makers can be the stars of auto trade shows while enjoying heavy subsidies.

China’s EVs good for Aussie drivers, bad for global trade war

Inside Australia’s national security and economic agencies, a new vexing issue about China is being discussed.

  • John Kehoe
Zhejiang Geely displays its latest EVs at a launch event in Hong Kong.

Canada tries to halt China’s EV flood with 100pc tariffs

The move replicates US and EU measures as Prime Minister Justin Trudeau says China “is not playing by the same rules” as everyone else over electric vehicles.

  • Promit Mukherjee and Akash Sriram
Antimony is used in most ammunition.

China squeezes Western militaries with export ban on weapons metal

The Commerce Ministry announced it will restrict exports of a mineral used in a wide range of products from batteries to weapons in the latest trade war salvo.

  • Annie Lee and Mark Burton
Posco is hunting for lithium investments in Australia.

Korea seeks Australian lithium to secure US subsidies, sideline China

The US offers electric carmakers tax breaks for sourcing components from it and its free trade partners such as Australia and South Korea, not China.

  • Elouise Fowler and Michael Read

Original URL: https://www.afr.com/topic/trade-wars-1lyy