China has prepared us for the economic cost of looming trade war
China has shown that it is perfectly happy to use trade as a weapon of foreign policy, as it has recently done to us. And it routinely subsidises its own exports.
China has shown that it is perfectly happy to use trade as a weapon of foreign policy, as it has recently done to us. And it routinely subsidises its own exports.
Michael Danby has revealed he was called into Penny Wong’s office following a speech opposing an extradition treaty with China because it would ‘upset Beijing’.
While there have been many attempts to calculate what tariffs on China would do to Australia, his announcement to also hit friendly nations Canada and Mexico is a sign of what is to come.
A war game simulation shows the US will run out of long-range missiles in a week and out of extended range missiles within a month.
New modelling shows Donald Trump’s day-one plan to impose tariffs on Canada, Mexico and China would cost jobs and reduce economic growth, as Mexico warns of a trade war.
Australia and BHP face the same problem – over the next five years the price of iron ore is set to fall sharply. But the outlook is very different for them. Here’s why.
RBA to stay on sidelines until May amid underlying CPI pressures. Gerry Harvey slams ‘big black hole’ of govt debt. Web Travel soars on buyback, outlook optimism. Novonix dives after discounted raise. AEMO taps emergency powers to keep NSW lights on.
Donald Trump’s announcement of trade tariffs could have a huge knock-on economic effect.
The US president-elect has put adversaries and allies, including Australia, on notice that he intends to deliver on his tough campaigning rhetoric regarding trade issues.
Shingo Yamagami claims he was summoned to Penny Wong’s office to be cautioned over public criticism of China even before Labor was elected in 2022 and she became the foreign minister.
The second China-America trade war has begun. It is set to get very ugly, very fast.
Love and marriage have forced the son of a disgraced Communist Party official to resurface.
Lisa Cameron from the University of Melbourne is Australia’s top researcher in development economics.
China’s ambassador in Canberra has warned Australia not to allow Donald Trump’s election in the US to undermine the nation’s recently stabilised ties with Beijing.
China’s ambassador Xiao Qian has made clear what Beijing expects of Australia if his country invades Taiwan.
Banks, resources drive ASX selloff. Trump threatens tariffs against China, Mexico and Canada. Israel-Hezbollah ceasefire seen as imminent. Sharemarket operator ASX down after CHESS guidance. Brickworks sees ‘subdued’ key markets over next 12 months.
In a lengthy Coalition partyroom meeting where two thirds of the debate was taken up talking about the ban, Nationals senator Matt Canavan and Liberal senator Alex Antic prepared to cross the floor while others reserved their right to do so.
Australia could be on the verge of becoming a “loser” if a trade war was to break out between America and China following the election of Donald Trump.
An ‘extreme’ trade war between the US and China would slow Australia’s economic growth and domestic inflation, driving down interest rates and the value of the Australian dollar, according to a warning from the bank’s international department.
For the residents of Port MacDonnell, the blows had come thick and fast – but now succulent lobsters that live in the waters around the South Australian town will soon be bound for China.
Original URL: https://www.theaustralian.com.au/topics/china-ties/page/12