China hits back at Trump tariffs with 34% tax on US goods

China has retaliated against the tariffs imposed by former US President Donald Trump by introducing a 34% tax on American goods, alongside new restrictions on the export of certain rare earth materials. This move intensifies the ongoing trade war between the two economic giants, as Beijing seeks to counteract Washington’s aggressive policies. Trump had previously […]

Australia reaches trade deal with UAE to boost agriculture exports, investment

Australia announced on Tuesday that it had finalised a trade agreement with the United Arab Emirates, which will eliminate tariffs on about 99% of Australian exports. This deal is expected to save Australia A$135 million ($91 million) in the first year alone. The UAE is Australia’s largest trade and investment partner in the Middle East, […]