Trade

Anthony Albanese will visit the Seattle headquarters of tech giant Amazon to spruik a multi-billion-dollar expansion of Australian data centres, ahead of flying to Canada for the G7 summit.

Australian producers are fetching "phenomenal" prices for lambs as overseas customers buy record amounts.

The US will allow Chinese students to study at universities and colleges in America under the deal, but Mr Trump says the agreement is subject to final approval by him and Chinese President Xi Jinping.

Commodity exporters will face falling demand and poorer nations could take decades to recover from sluggish economic growth, as tariffs and economic uncertainty weigh on growth.

Hundreds of claimants seeking compensation are considering an appeal, after the federal court found the 2011 live export ban did not impact export quotas "in any material way". 

The beef trade between Australia and the United States is currently a one-way street. That's unlikely to change.

A government source says beef is being positioned as a bargaining chip to help reset trade ties after the US imposed harsh tariffs on Australian exports. 

Donald Trump's increased tariffs on steel and aluminium products imported into the United States are now in effect, meaning foreign importers face 50 per cent levies on top of their current costs.

A pact with the bloc was "about building economic resilience in a rapidly changing global environment," Don Farrell said.

Fearing hundreds of millions of dollars in losses, farmers are pleading with industry and home gardeners to help them limit the spread of a highly contagious tomato virus.

Assistant governor Sarah Hunter says Australia is unlikely to be directly impacted by Donald Trump's tariffs, but global uncertainty may cause weaker growth and labour market.

Donald Trump announced his plan to raise tariffs on foreign steel imports from 25 per cent to 50 per cent.

The president's claim comes hours after US Treasury Secretary Scott Bessent stated that trade talks with China were "a bit stalled". 

A United States appeals court temporarily reinstates Donald Trump's tariffs, a day after they were deemed illegal by the US Court of International Trade. 

A US court puts a temporary stay on an earlier ruling that had looked set to derail the president's attempts to reorder global trade. 

A US trade court has blocked the president from imposing sweeping tariffs on imports under an emergency-powers law.

Citrus growers are looking forward to a bountiful season in 2025, with hopes it could even become a record-breaking year for overseas sales.

At a major food trade show in Shanghai this week, it became clear that Australia is now dominating the premium beef market in China.

The US president says he's "recommending" a 50 per cent tariff be put on goods from the European Union from June 1, because trade negotiations with the bloc are "going nowhere", and that Apple could face a 25 per cent penalty if iPhones aren't manufactured in America.

RBA deputy governor Andrew Hauser says he witnessed first-hand China's willingness to fight a US trade war.