From www.cnbc.com: The U.S. and China agreed to suspend most tariffs on each other’s goods for 90 days, reducing reciprocal tariffs from 125% to 10%, while maintaining a 20% tariff on select Chinese fentanyl imports.… read more
From smallcaps.com.au: China has announced a new stimulus package, including interest rate cuts and liquidity injections, to support its struggling economy ahead of trade talks with the U.S.… read more
From www.aumanufacturing.com.au: Australia is facing challenges in establishing stronger trade and investment links with Vietnam, which is projected to become one of the world’s top 20 economies by 2050.… read more
From alvarezandmarsal.com: New U.S. tariff regulations impose strict customs entry requirements and increased duties on low-value shipments from the PRC and Hong Kong.
Businesses must adapt their operations and sourcing strategies to manage the impact of these changes.… read more
From www.abc.net.au: The United States’ beef exports to China have ceased due to unrenewed export licenses for American abattoirs, allowing Australia to significantly increase its grain-fed beef exports to China, which rose nearly 40% in February and March compared to last year.… read more
From www.icaew.com: Trade between the US and China in 2024 revealed significant exports from China to the US amounting to $439 billion in goods and $23 billion in services, while the US exported $144 billion in goods and $55 billion in services.… read more
From www.pwc.com.au: Prime Minister Anthony Albanese proposed a five-point plan to respond to recent U.S. tariffs on Australian imports, which includes $1 billion in zero interest loans via the National Reconstruction Fund Corporation to support affected sectors.… read more
From alvarezandmarsal.com: Trump’s “America First Investment Policy” and changes in international tax treaties are shifting tax policies, impacting areas like withholding taxes, permanent establishments, and individual income tax exemptions.… read more
From bdo.com.au: U.S. global reciprocal tariffs pose potential cost increases and delays for Australian exporters, with particular impacts on the manufacturing and agriculture sectors.
In response, the Australian Government has implemented strategies such as allocating funds to the anti-dumping commission, assisting affected industries, and establishing a strategic reserve for critical minerals.… read more
From alvarezandmarsal.com: (Webinar) Upcoming changes in trade and tariffs, deeply influenced by the U.S. Administration’s America First Investment Policy, necessitate businesses to adapt and strategically navigate tariff policies for success.… read more
From www.aumanufacturing.com.au: The article discusses the resurgence of domestic manufacturing policies in response to vulnerabilities exposed by the COVID-19 pandemic and geopolitical tensions, particularly trade wars and China’s manufacturing dominance.… read more
From www.claytonutz.com: Australia will implement a ban on the import, export, use, and manufacture of three types of PFAS: PFOS, PFOA, and PFHxS, effective from July 1, 2025.… read more
From au.andersen.com: US President Donald Trump has declared a 10% tariff on most goods imported from Australia from 5 April 2025, a drastic change from the previous benefits under the Australia-United States Free Trade Agreement.… read more
From hallandwilcox.com.au: On April 3, 2025, President Trump announced new trade tariffs, including a 10% baseline tariff on imports from most countries and significantly higher rates for China and the European Union, causing immediate disruptions in shipping and trade.… read more