International trade

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Australia rules out cancelling Chinese company’s lease over Port of Darwin

Government also presses for removal of imposts on wine ahead of Anthony Albanese’s visit to Beijing next monthFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralia is mo…

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Rishi who? Sunak slips down pecking order in G20 scramble to court India

The British PM did eventually meet his counterpart at the Delhi summit – but after a day’s wait, and without an impressive photo opRead more: Sunak tells G20: UK will resist ‘hair shirt’ policies on net zero pledge When Rishi Sunak finally got to meet …

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India, US and Saudi Arabia in talks on rail and ports deal linking Gulf and south Asia

Talks include Europe and UAE as Joe Biden flies to Delhi with aim of rivalling China’s Belt and RoadThe US, Saudi Arabia, India and other nations are discussing a possible infrastructure deal that could reconfigure trade between the Gulf and south Asia…

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China reportedly extends iPhone ban to more workers as tensions with US rise

Apple shares fall as local government and state-owned firms latest to face restrictions on devices at workChina’s government has reportedly expanded its ban of iPhones to local government workers and state-owned companies, a day after it emerged centra…

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Rishi Sunak rules out quick-fix trade deal with India

Exclusive: Sources believe deal will not be struck before meeting with Narendra Modi at G20 summitRishi Sunak has ruled out a quick-fix trade deal with India, making it impossible to get an agreement over the line in time for this week’s G20 summit in …

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Australia eyes backdown on wine after China agrees to scrap barley tariffs

The Australian government had agreed to suspend a World Trade Organization barley challenge in exchange for China’s reviewFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcas…

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Sunak to urge G7 support for collective action against ‘economic coercion’

Leaders expected to form council that will discuss response if states such as Russia and China boycott trade for political reasonsThe UK and other G7 countries are planning collective action against Russia and China if they threaten trade boycotts for …

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If China invaded Taiwan it would destroy world trade, says James Cleverly

UK foreign secretary warns a war across Taiwan strait and likely destruction of semiconductor industry would have global effectsA Chinese invasion of Taiwan would destroy world trade, and distance would offer no protection to the inevitable catastrophi…

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India and Russia in ‘advanced talks’ over free trade agreement

Deal would build closer economic ties as most western states push to isolate Moscow over UkraineIndia and Russia have entered “advanced negotiations” over a free trade agreement that aims to build closer economic ties as most western governments push t…

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