China’s Xi boosts Asian trade ties amid US tariff spat
President Xi Jinping has warned there are no winners in trade wars as he begins an Asian tour aimed at consolidating relations with China's neighbours.
economy, business and finance
China retaliates again in Trump’s escalating trade war
The White House says Donald Trump's trade advisors are aiming to strike trade deals during a 90-day tariff pause, as the global trade war continues.
Uncertainty the only sure-thing as market chaos reigns
Equities and commodities have whipsawed at the whims of erratic US trade policy but worrying signs are emerging in the plumbing that holds markets together.
EU puts countermeasures on hold after US tariff pause
US President Donald Trump abruptly backed down on his tariffs for most nations for 90 days, but has doubled-down on his tax rates for Chinese imports.
China raises tariffs on US goods to 125 per cent
China is raising tariffs on US goods from 84 per cent to 125 per cent as the trade war unleashed by US President Donald Trump continues to escalate.
China vows to ‘fight to the end’ over US tariffs threat
"The US ... threat to escalate tariffs against China is a mistake on top of a mistake ... again exposing the American side's blackmailing nature," China says.
Greens pushing Labor to scrap property tax breaks
Federal Labor has ruled out changes to property tax handouts, but the Greens will try to force the party to act on the issue if there's a hung parliament.
Australia looks to Asia, Europe amid US tariff turmoil
The prime minister has talked up regional opportunities as his government seeks to dispel fears of a recession following a tariff-induced market meltdown.
Workers win big as US giant grants Star casino’s wish
An international gaming giant has ventured across the world to save the flailing Star casinos after the company came close to entering administration.
Work on TikTok deal in a good place: US vice president
US Vice President JD Vance says a deal for non-Chinese ownership of TikTok will emerge before a weekend deadline.
China retaliates in global trade war with tariffs on US
Beijing is slapping levies on all US products in retaliation to President Donald Trump as his tariffs rock world markets and fuel fears of a global downturn.
US trade war may force all-out assault with rate cuts
An escalating trade war has slashed the odds of interest rate cuts for Australian mortgage-holders, including a potential mega cut weeks after the election.
US stocks savaged as China hits back in trade war
Markets have tumbled in Wall Street's worst crisis since the COVID-19 pandemic as investors fled after China retaliated against US tariffs.
Port becomes political football but is ‘not for sale’
A major port leased to a Chinese company is in the sights of a takeover as the coalition and Labor flag plans for it to be brought back into Australian hands.
Tariff risks US market crash for humble Aussie wines
Wine industry figures say the new US tariffs will increase costs throughout the supply chain and risk bulk American wine replacing affordable Australian drops.
China hit brakes on TikTok deal after Trump’s tariffs
US President Donald Trump says he is signing an executive order to keep TikTok running in the United States for another 75 days.
US tariffs start as Trump hails ‘economic revolution’
A baseline 10 per cent levy announced by US President Donald Trump has begun being collected at ports of entry across the United States.
Eat the problem: sea urchin pest-to-plate funding urged
Harvesting sea urchins from ocean beds they are grazing to oblivion has been hailed as a success yet more needs to be done to keep populations in check.
US tariff ‘medicine’ causes turmoil in global markets
As global financial markets plunge, sparking fears of a global trade war and recession, Donald Trump has doubled down on administering US tariff "medicine".
Asia stocks plunge, HK suffers steepest fall since 1997
Asian and European shares have plunged as US tariffs and China's backlash send world markets into meltdowns.
‘Economic bullying’: China hits out at US protectionism
China's foreign affairs spokesman says the US tariffs are "a typical act of unilateralism, protectionism and economic bullying".
Trump threatens more China tariffs as markets plunge
Financial markets across the globe have posted a third day of losses as investors worried that steep US trade barriers could lead to a recession.
Risks of recession casts shadow over leaders’ debate
As economic headwinds emerge after US-imposed tariffs, Anthony Albanese and Peter Dutton are vying to lay claim to being the best bet to deal with them.
State rewiring energy future as project blows out again
Emissions reduction targets will be scrapped and gas exploration expanded under proposals by Queensland's government to rewire its energy future.
Star’s chips down as $940m debt deal comes off table
Embattled casino giant Star Entertainment is back on the brink of collapse after a refinancing deal fell through, but talks with a US casino giant continue.
Amazon, OnlyFans founder make bids for TikTok: reports
Amazon has reportedly put in a late bid to purchase short video app TikTok from Chinese owner ByteDance while Zoop says it is also in the running.
Trump’s sweeping tariffs stoke a global trade war
US President Donald Trump's across-the-board tariffs have provoked threats of retaliation and sparked fears about their impact on the global economy.
Two data prints and a Trump wildcard to decide rate cut
Mortgage holders could know by April 30 whether to expect more interest rate relief, as the Reserve Bank casts its eyes on a crucial inflation reading.
‘Cautious’ RBA on hold as election, tariffs threaten
The Reserve Bank of Australia has kept the cash rate unchanged at 4.1 per cent, as global uncertainty clouds the economic outlook.
Managing Trump, tariffs looms large in bid for votes
Australia's political leaders say biosecurity and medicines are not up for debate in response to tariffs set to be announced by US President Donald Trump
Anti-Elon Musk protesters swarm Tesla showrooms
Crowds protesting billionaire Elon Musk's purge of US government departments began rallying outside Tesla dealerships throughout American cities.