Shenzhen City in Guangdong Province, China. Photo: Tianyou Wang/Unsplash Queensland is opening a trade office in Shenzhen, China, as the state government looks to boost its annual $26bn in exports to that country. The move follows a recent trade visit, led by Trade Minister Ros Bates, to Hong Kong to attend HOFEX 2025, one of…
The US is expanding tariffs on trade imports from Canada and Mexico to Australia and the EU. Photo: supplied The Australian Workers’ Union says the US tariff on Australian steel and aluminium should spur the use of local steel in all construction projects. AWU National Secretary Paul Farrow says that Australia is very good at…
Australian exporters will need to show greater flexibility, says NSW academic Maggie Dong. Photo: UNSW Australia is facing an increasingly fraught trading tightrope walking act between a swinging rock and a hard place, says a University of NSW business marketing academic. Professor Maggie Dong is head of the School of Marketing at UNSW Business School. In…
Australia is looking to deepen trading ties with India markets. Photo: stock Australia is looking to diversify its trading base by boosting trading ties with India against a background of fresh US trade tariffs. Trade Minister Don Farrell recently announced an economic roadmap to boost two-way investment between the countries especially in four sectors: clean…
Trade mission delegates at the Sydney Opera House, in front of the harbour bridge. Photo: Trade Canada/Twitter (X) A Canadian trade mission came to the country looking for new deals amid their country’s ongoing trade tariff row with the US. The 220-strong delegation was led by Canada’s Minister of Export Promotion and International Trade Mary…
Picture: stock In the face of US tariffs and potential counter-tariffs, Australia needs resilience and lots of it, says UNSW Professor Richard Holden. “We want to make our economy as robust and resilient as we can. That’s about all we can really do,” he says. While there might be much uncertainty for businesses, Prof. Holden…
Picture: supplied Australia will need to act quick if the new US administration follows through on threats to impose higher tariffs on all imports. That’s the view of two UNSW economists who analysed the global trade implications of Donald Trump’s US presidential elections win. Canberra will need to quickly to seek tariff exemptions, says Richard Holden,…
Picture: ANDREW KACIMAIWAI A new Chinese-built ‘megaport’ at Chancay, Peru, could create new trade routes between South America and China that could bypass North America entirely. The move comes amid rising expectations that US President-elect Donald Trump will deliver tariffs as high as 60 per cent on Chinese goods. The $3.5bn port is a co-operative…